Janesville Mixed Use Investment

121 Main Street North Janesville, MN 56048

121 Main Street North, Janesville, MN, 56048
121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048 121 Main Street North, Janesville, MN, 56048
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Nov 05, 2024

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Highlights

  • Newly Renovated Throughout
  • 100% Occupancy
  • 8% CAP - Net Leases

Description

Mixed-use newly renovated property in downtown Janesville. Two new main street frontages added in 2021 with handicap ramp entrance. 100% leased - Owners selling for an excellent deal at an 8% CAP. Rental history solid with both commercial and residential units consistently leased.

Located on Main Street in quaint downtown Janesville - just 10 minutes outside of Mankato along 4-lane Highway 14.


Year Built: 1989
Building Size: 5297sq ft
Lot Size: 0 acres


Documents

115-121 Janesville Investment Sale Brochure

Map of 121 Main Street North, Janesville, MN, 56048

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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."

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