Mixed-Use Investment Opportunity in
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40 W Main St, Platteville, WI 53818
Turnkey mixed-use property with retail and apartments in Platteville, WI.
Property Size10,074 SF
Price / SF$69.48
Days on Market221
Property Features for 40 W Main St
General Information
Standard status
Active
Size
10,074 SF
Property subtype
Retail, Office
Occupancy
100%
Net Operating Income
$59,968
Building Details
Year Built
1900
Buildings
2
Stories
3
Units
9
Listing Agency:
Equity Real Estate Group
Listed By:
Troy Timmerman · License #WI S65989000, S8537094
(608) 778-8224
Source:
Crexi
Added: Feb 18
Changed: Sep 26
Last Checked: Sep 26 at 6:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate Group
Investment Insights
Based on property information with market context.
This mixed-use property in Platteville offers an investment opportunity with immediate cash flow and potential for increased income. The property features two Main Street retail storefronts and seven upper-level apartment units, offering a mix of one- and two-bedroom layouts. The property is nearly fully occupied, with only one retail storefront currently vacant. The gross operating income is approximately $71,700 annually, with rent increases planned for May 2026. Several apartment leases are up for renewal in mid-2026. Recent capital improvements in 2026 include new gas furnaces, hot water heaters, and a new GAF roof system. The apartment interiors have been updated with newer flooring, paint, and some appliances. The property includes two rear off-street parking spaces, plus convenient Main Street parking.
Key Highlights
- Turnkey investment property with immediate cash flow.
- High occupancy rate with additional income potential from vacant retail space.
- Scheduled rent increases in May 2026 for increased revenue.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
646
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Turnkey mixed-use property with retail and apartments in Platteville, WI.
Where is this mixed-use property located?
The property is located at 40 W Main St Platteville, WI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Turnkey investment property with immediate cash flow.; High occupancy rate with additional income potential from vacant retail space.; Scheduled rent increases in May 2026 for increased revenue.
