PRICE DROP! Janesville Investment

138 N Main St Janesville, MN 56048

138 N Main St, Janesville, MN, 56048
138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048 138 N Main St, Janesville, MN, 56048
FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Dec 10, 2024

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Highlights

  • $70,000 RTU Upgrades (2023)
  • All 2nd Floor Apartments Newly Renovated
  • Two Commercial Leases in place
  • Additional Value in Vacant Commercial Space
  • Owners will Consider CFD Sale

Description

Excellent Investment in Sub-Market of Greater Mankato. Management in place for hands-off investment or value-add with self management. Advantageous listing with additional revenue growth potential. In 2023, the RTU was upgraded, all tenants were background + credit screened and all second floor apartments fully renovated up to code.

Located just 1 mile off 4-lane HWY 14, this investment property is seated in quaint downtown Janesville, a bedroom community just east of the Greater Mankato/North Mankato MSA.

Building Size: 4000sq ft
Building Class: C
Lot Size: 0.14 acres


Documents

Janesville 138 N Main St Sale Brochure

Map of 138 N Main St, Janesville, MN, 56048

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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