Jon Miles Real Estate
Jon Miles Real Estate
Listed by Jon Miles Real Estate
$510,000
85 W Main
Details
APN 271-00203-0000
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 12,220
Units 8
NOI $66,300
Year Built 999
Acreage 0.110
Retail | 12,220 SqFt
Marketing description
A great investment opportunity located on Main Street in Platteville. Main level has 3 commercial spaces. Second level has 5 apartment rentals and laundry room with new coin operated washer and dryer. Many updates have been recently completed, such as new flooring, appliances, roofing, electrical and masonry. Yearly income in 2024 was $66,300. Full basement with lots of storage. Third level had been a lodge meeting room and could be renovated into useable space. In 2026 the City of Platteville will be painting a mural on the left side of the building.
Listing Contacts
Jon Miles Real Estate
Jon Miles Real Estate
Listed by Jon Miles Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,300.00
$5,525.00/mo
Valuation Metrics
0
DSCR
13%
Cap Rate
13%
ROI
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