40 & 50 W main Street, Platteville, WI 53818
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40 & 50 W main Street, Platteville, WI 53818
40 & 50 W main Street, Platteville, WI 53818
40 & 50 W main Street, Platteville, WI 53818
40 & 50 W main Street, Platteville, WI 53818
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Kim Bussan

Kim Bussan

+1(608) 642-0750
Listed by RE/MAX Advantage Realty
$ 749,900
Est. payment /mo
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Active

40 & 50 W main Street Platteville, WI 53818

10,074 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office

Listing Status Active

Purchase Type For Sale

Square Footage 10,074 sqft

Price per Sqft $74

MLS Listing ID 2016793

Year Built 1900

Annual Tax Amount $11,490

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Retail,Office

Property Description

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.

Location

State WI

County Grant

Area Platteville - C

Zoning B-2

Direction Coming up Main St. from Water St. the building is on the right side of the street. The 2 store fronts between Bargain Nook and Erschen's Florists.

Interior

Heating Forced air, Other

Cooling Forced air, Other

Inclusions Stove (7) & Refrigerator (7) in each apartment unit.

Exterior

Parking Features 1-5 spaces, Paved

Roof Type Rubber/membrane

Building

Story 3

Water Municipal water, Municipal sewer

Structure Type Wood,Brick,Stone

Others

SqFt Source Seller

Energy Description Electric,Oil

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
Kim Bussan
Kim Bussan

Real Estate Broker

+1(608) 642-0750 | kimbussan@gmail.com

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40 & 50 W main Street