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.
* 1 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Platteville
C/T/V City
Unit #
Directions On The Corner Of Main And 2nd St.
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
Land Assessment $23,100
Assessment Year 2021
Net Taxes $2,679
Tax Year 2021
Improvements $108,300
Total Assessment $131,400
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
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
Heating/Cooling Central air, Forced air, Radiant
Water/Waste Municipal sewer, Municipal water
Basement
Fuel Natural gas
Seating Capacity
Type Apartment building, Office
Exterior Treatment Brick
Building Parking 1-5 spaces
Roofing Metal
Terms/Option AUCTION
Miscellaneous
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