Mixed-Use Investment Opportunity in
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40 & 50 W Main Street, Platteville, WI 53818
Turnkey mixed-use property with retail and apartments in Platteville, WI.
Property SizeContact for details
Days on Market174
Property Features for 40 & 50 W Main Street
General Information
Standard status
Active
Property subtype
Retail, Office, Multifamily
Zoning
B-2
Net Operating Income
$59,968
Building Details
Year Built
1900
Stories
3
Listing Agency:
Re/Max Advantage
Listed By:
Paige LeConte · License #89363-94
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 10 at 8:15AM
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 Re/Max Advantage
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
Property Profile
Current Use
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?
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 & 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: 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.
