Mixed-Use Apartment
For Sale
$749,900
40 & 50 W Main Street, Platteville, WI 53818
COMMERCIAL - Platteville, WI
Days on Market164
Property Features for 40 & 50 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 1, Bathroom 3, Basement, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 2
Parking
2
Basement
Full
Subdivision
WISCONSIN
Standard status
Active
APN
271000540000
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Flooring type
Wood
Building materials
Brick, Stone, Wood
Roof type
Rubber
Listing Agency:
Remax Advantage · RE/MAX International
(563) 588-3078
Listed By:
Paige LeConte · License #89363-94
(608) 778-8799
Added: Feb 18
Changed: Jul 30
Last Checked: Aug 1 at 4:06PM
MLS# 154007
Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use apartment building includes two Main Street retail storefronts and seven upper-level apartment units with a mix of one- and two-bedroom layouts. The property is fully occupied and described with an 8.00% CAP rate.
Recent 2026 capital improvements include new gas furnaces, new hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances.
The building is constructed with brick, stone, and wood materials and features forced-air heating. Water and sewer services are listed as public, and the roof is listed as rubber. Additional convenience includes two rear off-street parking spaces plus convenient Main Street parking. The property is zoned B-2 and was built in 1900.
Recent 2026 capital improvements include new gas furnaces, new hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances.
The building is constructed with brick, stone, and wood materials and features forced-air heating. Water and sewer services are listed as public, and the roof is listed as rubber. Additional convenience includes two rear off-street parking spaces plus convenient Main Street parking. The property is zoned B-2 and was built in 1900.
Key Highlights
- Fully occupied mixed‑use building with two Main Street retail storefronts and seven upper apartment units
- 8.00% CAP rate as provided
- Recent 2026 improvements: new gas furnaces, new hot water heaters, and new GAF roof system
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
Explore this area
Business Placement
Demographics for 53818, WI
15,786
Population
6,146
Households
2.6
Avg Household Size
28
Median Age
39%
College-Educated
93%
High-School Grad
154.4 sq mi
ZIP Area
102
Density / Sq Mi
$55,615
Median Household Income
$20,296
Median Earnings
$887
Median Rent
$214,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - B-2 zoned mixed-use property with seven upper apartment units and two Main Street retail storefronts.
Where is this apartment building located?
The property is located at 40 & 50 W Main Street Platteville, WI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Fully occupied mixed‑use building with two Main Street retail storefronts and seven upper apartment units; 8.00% CAP rate as provided; Recent 2026 improvements: new gas furnaces, new hot water heaters, and new GAF roof system
