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138 N Main St
Janesville, MN 56048
State Farm Insurance · Retail Property For Sale
EXECUTIVE SUMMARY
Prime Mixed-Use Investment in the Heart of Downtown Janesville. 11 units in total: 7 apartments and 3 commercial/office. Don't miss this excellent opportunity to own a centrally located mixed-use property in historic downtown Janesville. This iconic 1900s building features freshly renovated residential apartments and a long-term commercial tenant (State Farm) providing reliable income. Cash flowing property with CapX and positive tenancy turnover conducted by current ownership. $6,340 monthly rent revenue. 2 small commercial/office vacancies. Two small office vacancies and the lower level includes 2,500+ sq. ft of additional space - ideal for future development, storage, or added rental income.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,698 SF
Building Class
C
Year Built
1900
Price
$683,861 CAD
Price Per SF
$78.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.28 AC
Zoning
Commercial & Multi-Family - Business/Commercial, Residential-Multi-Family 11 Units MLS# 6782770
AMENITIES
- Corner Lot
- Signage
- Storage Space
PROPERTY TAXES
| Parcel Number | 14.100.1810 | Improvements Assessment | $330,899 CAD |
| Land Assessment | $27,236 CAD | Total Assessment | $358,135 CAD |
PROPERTY TAXES
Parcel Number
14.100.1810
Land Assessment
$27,236 CAD
Improvements Assessment
$330,899 CAD
Total Assessment
$358,135 CAD
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