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Storefront Building with Retail Display
For Sale
$599,000

950 Lancaster Street, Platteville, WI 53818

B-1 zoning, on-site parking, and separate public and private restroom areas.

Property Size8,204 SF
Price / SF$73.01
Days on Market151

Property Features for 950 Lancaster Street

General Information

Standard status Active
Size 8,204 SF
Total Parking Spaces 38
Property subtype Business/Comm / Apartment building
Zoning B1

Property Condition

Severity Repairs Needed
Evidence Metal roof will be replaced early Spring 2026.

Additional Details

Traffic Count 5,000 vehicles/day

Amenities

handicap restrooms
private restrooms
forced air furnace
air conditioning
mini-split
outside entrances
chain link fence
break room cabinets
existing sign
Partial, Poured concrete foundatn
Public rest rooms, Private Restrooms, Signage available, Display window, Security system, Security lighting
Shed, shipping container, bike rack all to be reused at new location. Retail Fixtures & workbenches. Employees are hoping to leave no interior items.
Approved for Non-Profit. Retail fixtures can be sold outside of Purchase agreement
Central air, Forced air
Steel

Building Details

Year Built 1972
Buildings 1
Listing Agency: Jon Miles Real Estate
Listed By: Geri Zauche · License #54239-90
Source: Compass
Added: Apr 2 Changed: Aug 29 Last Checked: Aug 29 at 9:38PM

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

Investment Insights

Based on property information with market context.

This storefront property offers 5804 square feet on the main level plus 2400 square feet downstairs. The building includes public and private restrooms, display windows, existing signage, a security system, and security lighting. Heating and cooling are provided by a forced-air furnace, central air, and a mini-split serving the current retail area.

A 2007 addition measures 62'x30' and features ceilings exceeding 11 feet, along with multiple exterior entrances. The site provides 38 on-site parking spaces and is positioned along Lancaster Street, where 5,000 cars pass daily. B-1 zoning supports the stated retail, office, and residential/business uses. A chain-link enclosure serves the rear doors for storage and security, and an existing sign remains with the property. A metal roof replacement is planned for early Spring 2026.

Key Highlights

  • 5804 sq ft main level plus 2400 sq ft of lower‑level space
  • 2007 addition measuring 62'x30' with ceilings over 11 feet
  • 38 on‑site parking spaces

Property Analytics

Current Use

Platteville Thrift Shop Discount Store Donation Center at the Platteville ... Discount Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Pharmacy Auto Parts Store HVAC Service Storage Facility

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

5,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Erschen's Florists 10 W Main St, Platteville, WI 53818

Frequently Asked Questions

What type of property is this?
Storefront property - B-1 zoning, on-site parking, and separate public and private restroom areas.
Where is this storefront property located?
The property is located at 950 Lancaster Street Platteville, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5804 sq ft main level plus 2400 sq ft of lower‑level space; 2007 addition measuring 62'x30' with ceilings over 11 feet; 38 on‑site parking spaces
More about this property
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