Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-235-7000
Shown By
Agent Name: Derrick Guevremont
Agent Phone: (507) 272-8018
Agency Title: Counselor Realty
Property Description
Strong mixed-use investment opportunity in the heart of downtown Janesville. This iconic 1900s building offers a stabilized asset with improved tenancy, renovated apartment units, and a long-term State Farm commercial tenant in place. The property includes 7 apartment units and 3 commercial suites. Major capital improvements and deferred maintenance items have already been addressed, including more than $70,000 in RTU upgrades, creating a near-turnkey investment opportunity with reduced near-term capital needs. The property currently generates $6,324 per month in rental income, with additional upside through two vacant office suites. The lower level provides 2,500+ sq. ft. of additional space for storage, future tenant use, or other income-producing possibities, offering further value-add potential for an investor
Property Features
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138 N Main Street , Janesville, MN 56048
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138 N Main Street , Janesville, MN 56048
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138 N Main Street , Janesville, MN 56048.
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138 N Main Street | MLS# 7059604
This commercial property located at 138 N Main Street , Janesville, MN 56048 is currently listed for sale with an asking price of $489,900. N Main Street is located within the Janesville-Waldorf-Pemberton school district. Search Janesville real estate on derrick.counselorrealtyofrochester.com today.