MLS Public Remarks PCB 1472C - Looking for office space? Look no further than 65 W. Main St., Platteville. This building is located on a prime corner spot, with great visibility. It includes 4 apartments, which are rented until 5-31-2017 and generates $3620.00 per month rent ($43,440 per year). Office space would generate $1,000 per month rent for a total of over $55,000 per year income. Building is well maintained. Great investment. See documents for more information.
Location City
Other Marketing Area
Mailing City Platteville
C/T/V City
Unit #
Directions Corner Of Bonson St And West Main St.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 5
Building Gross SqFt 5,764
Net Leasable SqFt 5,500
Year Built 1900
Source for Year Built Slr
Approx Bldg Dimen 22x132
Street Frontage 22
Parking Fees/Mo. $0
Onsite Parking yes
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 9
Number of Loading Docks 0
Zoning B-2
Est. Total Acres 0.0
Source Of Est Acres
Lot Dimensions 22x132
Owner
Tradename
Land Assessment $26,800
Assessment Year 0
Net Taxes $4,008
Tax Year 2014
Improvements $150,500
Total Assessment $0
Income/Expenses Year $2,013
Gross Operating Income $55,200
Annual Operating Exp $25,482
Net Operating Income $29,742
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
annual |
5-31-2017 |
Yes |
$1,000 |
$0 |
$0 |
1,100 |
2 |
annual |
5-31-2017 |
Yes |
$1,150 |
$0 |
$0 |
1,100 |
3 |
annual |
5-31-2017 |
Yes |
$900 |
$0 |
$0 |
825 |
Items Included
Items Excluded
Heating/Cooling Hot water, Steam, Window/wall AC
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Retail, Service
Exterior Treatment
Building Parking 6-10 spaces, Offsite, Onsite, Paved
Roofing Partially flat, Rubber/membrane
Terms/Option Lease back
Miscellaneous
Documents on File Lease(s), Property Condition Report
Location Business district, Corner
Tenant Pays N/A
Present Use Apartment building, Office, Service
Licenses None
Lease Type Annual, Month to month
Occupied by
Sale Includes Lease(s), Some equipment
Features Display window, Inside storage, Network Cabling, Reception area, Residential unit(s), Smoke detector(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Jon Miles Real Estate