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$475,000
7059604 MLS
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

138 N Main Street, Janesville

Listing courtesy of RE/MAX Results.

$425,000
7019384 MLS
Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

200 E North Street, Janesville

Listing courtesy of Weichert Realtors, Community Group.

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