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40 & 50 W Main Street Platteville, WI 53818 Commercial - Retail ACTIVE

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Description

Turnkey downtown investment opportunity delivering immediate cash flow with built-in upside through scheduled rent increases and minimal future capital needs. This mixed-use property in Platteville features two Main Street retail storefronts and seven upper-level apartment units offering a mix of one- and two-bedroom layouts. Nearly fully occupied, with only one retail storefront currently vacant, creating additional income potential. Gross operating income is approximately $71,700 annually, with rent increases already planned for May 2026. Several apartment leases up for renewal mid-2026, providing flexibility for future management strategy. Recent 2026 capital improvements include new gas furnaces, hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances. Includes two rear off-street parking spaces plus convenient Main Street parking.

Property Highlights

Property Type: Commercial - Retail
Year Built: 1900

General Information

County: Grant
Listed By:
Remax Advantage 563-588-3078 Paige LeConte
ECIMLS
$749,900
Est. $4,812/mo
ACTIVE
SQUARE FEET13,102 MLS#154007
STATUSACTIVE PROPERTY TYPECommercial - Retail

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Agent Name: Marybeth Chupka
Agent Phone: (563) 529-2766
Agency Title: Ruhl&Ruhl Realtors
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40 & 50 W Main Street, Platteville, WI 53818.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,900$749,900$749,900
Down Payment $149,980$26,247$187,475
Monthly Mortgage Amount $3,549$4,415$4,595
Taxes $1044$1044$1044
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$330$0
Monthly Estimated Total $4,812$6,008$5,858

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About this area

Wisconsin/Platteville
Platteville

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Find homes for sale in Platteville, WI and learn about the local community and real estate market.

Platteville is the largest city in Grant County in southwestern Wisconsin. The population was 11,224 at the 2010 census, growing 12% since the 2000 Census. Platteville real estate and home buyers enjoy a mining town with a bustling Main street district that remains the center of the community. It continues to provide businesses and commercial services to fulfill the needs of the city, the surrounding farms and the university.

No matter your reason for moving, Ruhl&Ruhl Realtors has plenty of real estate options and homes for sale in Platteville, WI. Continue browsing this page to see all houses for sale in Platteville, WI and learn about Platteville and southwestern Wisconsin real estate. If you need to do a little more research before buying, check out the pages below for additional options.

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Platteville is located in southwestern Wisconsin. View homes for sale in the Southwest Wisconsin area for more real estate options.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/12/2026. The listing information on this page last changed on 04/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/12/2026 4:03:10 AM EST) or MRED MLS (last updated Sun 04/12/2026 2:04:07 AM EST) or SCWMLS (last updated Sat 04/11/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 04/11/2026 10:16:15 PM EST) or Cedar Rapids MLS (last updated Sat 04/11/2026 10:44:45 PM EST) or NEIRBR MLS (last updated Sun 04/12/2026 1:18:41 AM EST) or ICAAR MLS (last updated Sat 04/11/2026 11:37:30 PM EST) or ECIMLS (last updated Sat 04/11/2026 11:44:14 PM EST) or RMLSA (last updated Sun 04/12/2026 1:11:00 AM EST) or Muscatine MLS (last updated Sun 04/12/2026 2:00:24 AM EST) or No Coast MLS (last updated Sun 04/12/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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