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...read more
Cooling
Other
Heating
Forced Air, Other
Stories
3.0 Stories
Water
Public
Year Built
Built in 1900
Property Type
Commercial - Retail
Basement
Yes
Basement
Full
Cooling
Other
Days on Site
188
Exterior
Brick, Stone, Wood
Foundation
Rock
Fuel Type
Oil, Electric
Garage
2
Heating
Forced Air, Other
Lot Dimensions
0.13
Lot Size
0
Parcel #
271000540000
Roof Type
Rubber
Sewer
Public Sewer
Stories
3.0
Water
Public
Year Built
1900
Zoning
B-2