Platteville, WI 53818

7.0 bath • 13,102 sqft

Turnkey downtown investment opportunity delivering immediate cash flow with built-in upside through scheduled rent increases and minimal future capital needs. This mixed-use property in Platteville features two Main Street retail storefronts and seven upper-level apartment units offering a mix of one- and two-bedroom layouts. Nearly fully occupied, with only one retail storefront currently vacant, creating additional income potential. Gross operating income is approximately $71,700 annually, with rent increases already planned for May 2026. Several apartment leases up for renewal mid-2026, providing flexibility for future management strategy. Recent 2026 capital improvements include new gas furnaces, hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances. Includes two rear off-street parking spaces plus convenient Main Street parking.

Income

Expenses

Other Info

• Year Built: 1900
• Listing Date: 2/18/26
• Price Date: 2/20/26

Features

• Basement: Full
• Style Primary: Three Story
• Cooling: Other
• Electrical Service: Other
• Electric Provider: Other
• Exterior Finish: Brick
• Exterior Finish: Stone
• Exterior Finish: Wood
• Extras: Other
• Flooring: Wood
• Flooring: Other
• Foundation: Rock
• Fuel Type: Oil
• Fuel Type: Electric
• Gas: Other
• Ground Line Doors: Other
• Heat Type: Forced Air
• Heat Type: Other
• Parking Surface: Paved
• Possession: Agreed
• Raised Docks: None
• Roof: Rubber
• Sale Or Rent: For Sale
• Sewer: Public
• Terms: Cash
• Terms: Financed
• Type: Commercial
• Uses: Retail
• Uses: Office
• Uses: Multifamily
• Water: Public