Search
Retail Space with On-Site Parking
For Sale
$525,000

950 Lancaster Road, Platteville, WI 53818

Business/Comm, Platteville, WI

Property Size8,204 SF
Lot Size0.87 Acres
Price / SF$63.99
Days on Market16

Property Features for 950 Lancaster Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Security features Security System, Security Lighting
Interior features Public rest rooms, Private Restrooms, Signage available, Display window, Security system, Security lighting
Lot features Business district, Corner, Near Major Highway, Residential area
Directions From Platteville Main Street, Turn N onto Chestnut St, West onto Adams, Adams turns to Lancaster. Property will be on the West side of street.
Subdivision PLATTEVILLE - C
Standard status Active
APN 271-02066-0000
Size 8,204 SF
Lot size 0.87 Acres

Taxes and HOA fees

Tax Year 2025

Amenities

handicap restrooms
private restrooms
forced air furnace
air conditioning unit
mini-split
outside entrances
handicap electric openers
chain link fence
break room cabinets
existing sign

Building Details

Year built 1972
Number of units 1
Roof type Metal
Listing Agency: Jon Miles Real Estate
Listed By: Geri Zauche · License #5423990
Added: Aug 17 Changed: Aug 31 Last Checked: Sep 1 at 12:06AM
MLS# 2019946

Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 retail property provides 5,804 square feet on the main level plus 2,400 square feet on the lower level, totaling 8,204 square feet. The building includes public and private restrooms, display windows, available signage, a security system, and security lighting. Heating and cooling include a forced-air furnace, air-conditioning unit, and mini-split serving the current retail area.

A 2007 addition measures 62 feet by 30 feet and offers ceilings of 11+ feet, multiple exterior entrances, and two handicap-accessible doors with electric openers. The site includes 38 parking spaces, an existing sign, and a chain-link enclosure near the rear doors for storage or security. Zoned B-1, the property is currently used by a nonprofit and may accommodate for-profit operations.

Key Highlights

  • 8,204 square feet across main and lower levels, including 5,804 square feet upstairs and 2,400 square feet below
  • 2007 addition measures 62'x30' with 11+ foot ceilings and multiple outside entrances
  • 38 on‑site parking spaces

Property Analytics

Current Use

Retail space

Lease Details

5,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

166
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - B-1 zoning supports retail, office, and Res/Business uses in a versatile commercial building.
Where is this retail space located?
The property is located at 950 Lancaster Road Platteville, WI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 8,204 square feet across main and lower levels, including 5,804 square feet upstairs and 2,400 square feet below; 2007 addition measures 62'x30' with 11+ foot ceilings and multiple outside entrances; 38 on‑site parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message