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15 & 19 Main St,  Platteville,  WI  53818 $350,000 Sold
15 & 19 Main St,  Platteville,  WI  53818
$350,000
Sold
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 Property Type Business/Commercial
 Parcel # 271-00129-0000
 County Grant
 Sub Area G38
 Municipality Platteville
 MLS# 1888366
 Listing Date 07/15/2020
 Sold Price $300,000
 Close Date 07/09/2021 12:00 AM

MLS Public Remarks  A SOLID INVESTMENT - With 5 office suites and 4 apartments this brick 3 story building is located in the downtown business center of Platteville. There are long term tenants and solid numbers. The main floor includes a large office suite plus there's a back office area for four tenants. The second and third floors of the building contain 4 apartments. There is a 2 car attached garage for shop/storage and expansion opportunities. This investment opportunity is well maintained and looking for a new owner.
Documents and Related Links  
1) Addendum S
2) RECR
3) Rent Roll
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Platteville
  • C/T/V  City
  • Unit #  
  • Directions  Corner Of Main And 4th Street.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $13
  • Total Units/Bldg  8
  • Building Gross SqFt  8,511
  • Net Leasable SqFt  8,511
  • Year Built  1900
  • Source for Year Built  PubR
  • Approx Bldg Dimen  24x100
  • Street Frontage  24
  • Parking Fees/Mo.  $0
  • Onsite Parking  3
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  B2
  • Est. Total Acres  0.12
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $50,400
  • Assessment Year  2020
  • Net Taxes  $7,107
  • Tax Year  2020
  • Improvements  $288,800
  • Total Assessment  $339,200
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Annual 5/31/2021 Yes $15,600 $13 $0 1,200
    2 Annual 05/31/2021 Yes $3,600 $0 $0 0
    3 Annual 05/31/2021 No $0 $0 $0 0
    Items Included Stoves & refrigerators in apartments, 2 BI air conditioners.
    Items Excluded  Seller and Tenants personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Radiant, Steam, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail, Service
  • Exterior Treatment  
  • Building Parking  1-5 spaces, Onsite, Paved
  • Roofing  Partially flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Corner, Free standing, Near public transportatn
  • Tenant Pays  Electric
  • Present Use  Apartment building, Office, Service
  • Licenses  
  • Lease Type  Annual, Mixed lease types, Renewal options
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Alley, Inside storage, Overhead doors, Private Restrooms, Private office(s), Reception area, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Platteville Realty Llc