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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
4,930 SF
Building Class
C
Year Built
1960
Price
$609,756 CAD
Price Per SF
$123.68 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.12 AC
Zoning
3A - Commercial

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,800 SF
  • Office
  • In-Line
  • 30 Days

Lease a fully remodeled office space in downtown Janesville, MN. This space has been entirely remodeled since 2022 with a new front ADA entrance, flooring, drop ceiling, front reception and professional offices. Tenant pays Landlord their pro-rata share of expenses on a triple-net lease. Lease terms and conditions are negotiable. Lease-to-Own or a Sale will also be considered!

Space Size Space Use Position Available
1st Floor 1,800 SF Office In-Line 30 Days

1st Floor

Size
1,800 SF
Space Use
Office
Position
In-Line
Available
30 Days

1st Floor

Size 1,800 SF
Space Use Office
Position In-Line
Available 30 Days

Lease a fully remodeled office space in downtown Janesville, MN. This space has been entirely remodeled since 2022 with a new front ADA entrance, flooring, drop ceiling, front reception and professional offices. Tenant pays Landlord their pro-rata share of expenses on a triple-net lease. Lease terms and conditions are negotiable. Lease-to-Own or a Sale will also be considered!

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
14.100.2000
Land Assessment
$13,286 CAD
Improvements Assessment
$99,167 CAD
Total Assessment
$112,453 CAD
  • Listing ID: 39833151

  • Date on Market: 2026-03-19

  • Last Updated:

  • Address: 121 N Main St, Janesville, MN 56048

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