Wade Thornton
(701) 491-2807
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Listing Details
- $489,900
- MLS# 7059604
- Type Commercial - Business
- Status Active
Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-235-7000
Shown By
Agent Name: Wade Thornton
Agent Phone: (701) 491-2807
Agency Title: Town & Country Realty
Home Value Estimate
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...read more
Features
- Cooling: Central Air
- Heating: Forced Air
- Taxes: $4,434
- Water: City Water/Connected
- Year Built: 1900
Gallery
Listed By
Agency Name: RE/MAX Results
Agency Phone: 763-235-7000
Shown By
Agent Name: Wade Thornton
Agent Phone: (701) 491-2807
Agency Title: Town & Country Realty
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