$749,900
Price
Fully occupied with a CAP RATE OF 8.00%. Turnkey downtown investment opportunity delivering immediate cash flow 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. Gross operating income is approximately $85,800 annually. 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.
Listing #2016793
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Specifications and Property Information
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General Info
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| Listing Status | Active |
| Heating / Cooling | Electric, Oil, Forced Air, , , Other |
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Features
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| Year Built | 1900 |
| County | Grant |
| Exterior | Wood Siding, Brick, Stone |
| Property Type | Commercial Sale |
| Property Tax | $11,490 (2025) |
Listing provided courtesy of RE/MAX Advantage Realty
Listing Agent Email: suedietzrealtor@gmail.com
Listing Agent Phone: (608) 330-4191
This information, provided by seller, listing broker, and other parties, may not have been verified.
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