Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • New in 2023- Roof, Boiler system, gutters and downspouts, plumbing fixtures, bathrooms, chimneys, ADA suite, some windows, hot water heaters
  • Caretaker suite with private entrance, ADA ramps and Ensuite, New main water line, Municipal water and sewer
  • Wood floors throughout, impressive sweeping walnut staircase up to 21' ceilings, 10' ceilings throughout,

Executive Summary

Discover the timeless elegance of Century Elms, a remarkable National Register-listed historic property in Janesville. Originally built in 1858, this beautifully preserved Italianate residence showcases exceptional craftsmanship, including a distinctive center cupola, original walnut staircase, hardwood floors, white marble Victorian Roman-arched fireplaces and a gracious wraparound veranda. Set on approximately 1.3 acres of beautifully landscaped grounds with mature trees, gardens and a sweeping curved drive, the property offers a rare combination of history, character and privacy. Currently operated as Century Elms Bed & Breakfast following an extensive 13-month renovation, the property features 4 guest units, each with a private bath, plus a separate caretaker suite and full ADA Suite with ensuite and direct outside entry. Continue the established B&B use or explore the possibility of making this extraordinary property your private residence, subject to applicable zoning and use requirements. Steeped in Janesville history and associated with prominent local figures William Payne and Joseph Craig, Century Elms is truly a one-of-a-kind opportunity. 7 bedrooms and 6 bathrooms. P&L shows high vacancy, Janesville offers a great potential for a business owner to create revenue, including the Renaissance fair, the New Woodman Sports & Convention Center, Rotary Gardens winter light show and year round events, Pistons & Props Airshow, Rock Aqua Jays ski shows and so much more. Easy commute to events

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $34,170 $8.96
Other Income - -
Vacancy Loss - -
Effective Gross Income $34,170 $8.96
Taxes $9,534 $2.50
Operating Expenses $9,851 $2.58
Total Expenses $19,385 $5.09
Net Operating Income $14,786 $3.88

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $34,170
Annual Per SF $8.96
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $34,170
Annual Per SF $8.96
Taxes (CAD)
Annual $9,534
Annual Per SF $2.50
Operating Expenses (CAD)
Annual $9,851
Annual Per SF $2.58
Total Expenses (CAD)
Annual $19,385
Annual Per SF $5.09
Net Operating Income (CAD)
Annual $14,786
Annual Per SF $3.88

Property Facts

Price $693,561 CAD
Price Per Room $173,390 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class B
Lot Size 1.29 AC
Building Size 3,862 SF
No. Rooms 4
No. Stories 2
Year Built/Renovated 1858/2023
Parking Ratio 2.07/1,000 SF
Corridor Interior
Zoning R1 - R1 with conditional use permit

Amenities

  • Wheelchair Accessible
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free
  • Smoke Detector
  • Shower Facilities

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 4 $217.82 CAD -
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
012-6100386
Land Assessment
$95,037 CAD
Improvements Assessment
$452,570 CAD
Total Assessment
$547,607 CAD
Annual Taxes
$9,534 CAD ($2.47 CAD/SF)
Tax Year
2025
  • Listing ID: 41764979

  • Date on Market: 2026-08-15

  • Last Updated:

  • Address: 2200 W Memorial Dr, Janesville, WI 53548

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}