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Mixed-Use Building with Apartments
For Sale
$495,000

85 W Main, Platteville, WI 53818

Three ground-floor commercial suites sit beneath five rental apartments, with a shared laundry room and full basement.

Property Size12,220 SF
Price / SF$40.51
Days on Market390

Property Features for 85 W Main

General Information

Standard status Active
Size 12,220 SF
Property subtype Commercial

Additional Details

Gross Income $66,300
Multifamily Units 5

Amenities

laundry room

Building Details

Buildings 1
Listing Agency: Jon Miles Real Estate
Listed By: Rebecca Schwendinger · License #8227894
Source: Madisonareahomelistings
Added: Sep 23, 2025 Changed: Oct 16 Last Checked: Oct 16 at 2:21PM

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 Jon Miles Real Estate

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Investment Insights

Based on property information with market context.

This mixed-use property at 85 W Main in Platteville combines three commercial spaces on the main level with five apartments upstairs. A laundry room serves the residential units and includes coin-operated equipment. The building also has a full basement for storage, while the third level—previously used as a lodge meeting room—offers additional interior space that could be renovated for use.

Recent work includes new flooring, appliances, roofing, electrical improvements, and masonry. The property recorded $66,300 in income during 2024. The City of Platteville plans to paint a mural on the building’s left side in 2026.

Key Highlights

  • Three commercial spaces on the main level
  • Five apartment rentals on the second level
  • Laundry room with coin‑operated washer and dryer

Property Analytics

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Current Use

Hidden Quilts LLC (Bike/Boat/Book/etc) Store Change of Seasons Clothing Store

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three ground-floor commercial suites sit beneath five rental apartments, with a shared laundry room and full basement.
Where is this mixed-use property located?
The property is located at 85 W Main Platteville, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three commercial spaces on the main level; Five apartment rentals on the second level; Laundry room with coin‑operated washer and dryer
More about this property
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