20 Main St Platteville, WI 53818

Property Details for 20 Main St

Property type

Commercial real estate

APN

271-00049-0000

APU

271000490000

Description

This exceptional mixed-use property at 20 E Main Street, Platteville, WI, presents a rare opportunity to acquire a thriving commercial space coupled with a spacious residential apartment. The building boasts a total of 2,750 square feet, divided nearly equally between the two levels, each approximately 1200 square feet. The ground floor currently operates as a successful fitness and yoga studio, featuring natural gas forced air heat, a private half bath, ample storage, and a charming private courtyard. The upper level apartment offers a separate entrance, three bedrooms, a full bathroom, a large living room, a kitchen, and a bonus office space, perfect for working from home. An added benefit is a private rear balcony. The apartment is heated electrically. The building retains its historic charm with original brick and wood flooring. Recent improvements include a fresh coat of paint applied to the storefront in 2023, a new rubber roof installed in 2016, and tuckpointing completed in 2011. The property sits on a 0.07-acre lot and offers off-street parking, a significant advantage given its prime location on Main Street, ensuring high foot traffic and visibility. This turnkey investment is ideal for an owner-occupant or an investor seeking a stable income stream. The longtime owner is motivated to sell and is seeking a qualified buyer. The asking price is $159,900.