For Sale: Janesville MLS# 6678365
Active
$524,900
Commercial: Other
Built 1900
0.28 acres
Janesville-Waldorf-Pember schools
MLS# 6678365
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Property Description
Mixed-Use Investment Opportunity in Downtown Janesville!
Located in the heart of downtown Janesville, this iconic 1900s mixed-use building features freshly renovated apartments and a long-term State Farm commercial tenant. The property generates $5, 564 in monthly rental revenue and has over $70, 000 in RTU upgrades. Two small office vacancies and one studio apartment vacancy offer additional leasing potential. The lower level includes 2, 500+ sq. ft. of available space for future use.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$524,900
Property Type:
Commercial
City:
Janesville
Garage Spaces:
0
County:
Waseca
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
56048
Subdivision Name:
Original Plat/Janesville Minn
Interior
Basement Details:
Partially Finished
Exterior
Garage Spaces:
0
Other Parking Spaces:
8
Foundation Size:
4,383 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Unassigned
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.28
Geolocation:
44.116065, -93.707983
Inclusions:
Building, Land, Leases
Lot Dimensions:
45 x 140
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
2835
District Phone:
507-234-5478
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,858
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,064
Income
Annual Gross Income:
$66,768
Units
Total Units:
10
Miscellaneous
Current Use:
- Beauty/Barber Shop
- Commercial
- Professional Service
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- City Water - In Street
- City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.