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 Property Type Business/Commercial
 Parcel # 271-00020-0000
 County Grant
 Sub Area G38
 Municipality Platteville
 MLS# 1944403
 Listing Date 09/30/2022
 Sold Price $242,000
 Close Date 12/16/2022 12:00 AM

MLS Public Remarks  Auction 10/29. A rare opportunity to own downtown Platteville's most iconic property. List price reflects value of rent. Built in 1849, the John Lewis building sits at the corner of main St & historic 2nd St. It contains a street level commercial space, currently used as a private office w/ full bath, shower & partial utilities basement. Above are 2 apts rented until summer of 2023. Each having 2 br. A lot behind the building w/ utilities easement is suitable for parking/beer garden/food service & has separate utilities available. A small portion is currently rented month to month. Projected gross income of fully rented building is 3200/mo. Auction to be held at 860 Lancaster St., Platteville on 10/29 at noon. Bidders to have 30k non-refundable deposit & preapproval at time of auction.
Documents and Related Links  
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Platteville
  • C/T/V  City
  • Unit #  
  • Directions  On The Corner Of Main And 2nd St.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  2,309
  • Net Leasable SqFt  2,309
  • Year Built  1849
  • Source for Year Built  PubR
  • Approx Bldg Dimen  33x35
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  3
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  11
  • Number of Loading Docks  0

  • Zoning  Comm
  • Est. Total Acres  0.05
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $23,100
  • Assessment Year  2021
  • Net Taxes  $2,679
  • Tax Year  2021
  • Improvements  $108,300
  • Total Assessment  $131,400
  • 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 WI July, 2023 0 $7,800 $0 $0 0
    2 annual 0 0 $7,800 $0 $0 0
    3 - 0 0 $3,000 $0 $0 0
    Items Included 2 fridges, 2 stoves, and 3 water heaters
    Items Excluded  canoe brackets, personal property of seller
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Apartment building, Office
  • Exterior Treatment  Brick
  • Building Parking  1-5 spaces
  • Roofing  Metal
  • Terms/Option  AUCTION
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  
  • Location  Business district
  • Tenant Pays  Electric, Water
  • Present Use  Apartment building, Office
  • Licenses  
  • Lease Type  Annual
  • Occupied by  
  • Sale Includes  Easements
  • Features  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Home Key Real Estate