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121 N Main St 5,297 SF Retail Building Janesville, MN 56048 $607,871 CAD ($114.76 CAD/SF)
Investment Highlights
- Fully renovated throughout, including recent accessibility improvements.
- Consistent rental history for residential units.
- Proximity to Mankato and major regional transportation routes.
- Net commercial leases in place, reducing landlord operating responsibilities.
- Located in downtown Janesville with strong visibility and community presence.
Executive Summary
Mixed-use newly renovated property in downtown Janesville. Two new main street frontages added in 2021 with handicap ramp entrance. 100% leased - Residential Rental history solid with both commercial and residential units consistently leased. Commercial suites are net leases, with both tenants paying base + CAM and operating.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,297 SF
Building Class
C
Year Built
1960
Price
$607,871 CAD
Price Per SF
$114.76 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.74
Lot Size
0.07 AC
Zoning
3A - Commercial
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 14.100.2000 | Improvements Assessment | $99,457 CAD |
| Land Assessment | $13,325 CAD | Total Assessment | $112,782 CAD |
Property Taxes
Parcel Number
14.100.2000
Land Assessment
$13,325 CAD
Improvements Assessment
$99,457 CAD
Total Assessment
$112,782 CAD
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121 N Main St
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