1250 Hwy Platteville, WI 53818
- Commercial real estate
- 20,000 SF
- 1.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1250 Hwy
- Year built
- 1990
- Lot size
- 1.11 lot acres
- Property size
- 20,000 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, situated at 1250 Highway 151 in Platteville, Wisconsin, presents a rare investment opportunity. The 20,000 square foot office building boasts a highly visible location on a major thoroughfare, Highway 151, benefiting from significant traffic volume. Its strategic placement near a four-lane highway, an industrial park, a major regional shopping area, and the local hospital ensures excellent accessibility and high visibility for tenants. The property offers convenient access to both Highway 151 and Mineral Street, along with ample parking for employees and visitors. The building is well-maintained, featuring numerous recent updates, and enjoys a strong occupancy rate with many long-term tenants. All utilities are separately metered, with tenants responsible for their respective usage. This property sits on a 1.11-acre lot, providing ample space and potential for future expansion or development. The combination of its prime location, substantial size, and strong tenant base makes this a compelling investment opportunity for both owner-occupiers and passive investors seeking a stable, high-return asset. The property's excellent condition and recent upgrades minimize immediate capital expenditure needs, maximizing potential returns from day one.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Platteville
- County
- GRANT
- State
- Wisconsin
- Longitude
- -90.481
- Latitude
- 42.7357