138 N Main St - Storefront Retail/Residential FOR SALE


Janesville, MN 56048
$524,900 USD
763-273-8300
138 N Main St, Janesville, MN for Sale
$524,900 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

138 N Main St
Janesville, MN 56048


HIGHLIGHTS

  • Large Corner Lot in Downtown Janesville
  • Long-term Tenant Occupancy (State Farm Insurance)
  • Two Offices & One Studio Apartment Ready to be Rented! All Other Apartments & Offices Spaces Currently Occupied

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$524,900 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

State Farm Insurance

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial & Multi-Family

APN/PARCEL ID

14.100.1810

ASK ABOUT THIS PROPERTY

Kerby SkuratKerby & Cristina Team | RE/MAX ResultsMore Info
763-273-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kerby SkuratKerby & Cristina Team | RE/MAX ResultsMore Info
763-273-8300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.