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    1533 Racine St Janesville, WI 53545

    For Sale
    $495,000

    Gas Station, Service Bays, Huge Potential

    Property size:
    1,363 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1,363 square foot commercial property, situated on a 0.37-acre lot at 1533 E Racine Street in Janesville, Wisconsin, presents a remarkable investment opportunity. Priced at $495,000, this well-maintained building offers a turnkey solution for a variety of commercial ventures. Currently operating as a branded gas station, the property boasts recently updated features including modern pumps, a completely overhauled electrical system, and a stylish canopy equipped with energy-efficient LED lighting. Two service bays are included, providing ample space for automotive-related businesses. The existing gas station operation provides a solid foundation for continued success, but the property's versatility allows for a wide range of alternative uses. Imagine transforming this space into a thriving auto mechanic shop, a convenient store, a towing business, or any other entrepreneurial endeavor. The meticulous upkeep of the building ensures a clean and inviting atmosphere, ready to welcome customers. This is a rare chance to acquire a well-located, established property with significant upside potential in a growing community. The combination of existing infrastructure and adaptable space makes this an ideal investment for both established businesses and ambitious entrepreneurs. Don't miss this opportunity to secure a prime commercial location in Janesville.

    Property Features for 1533 Racine St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,363 SF
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wurtz Service Center ... Auto Repair Shop Mobil Gas Station

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    ROCK
    State
    Wisconsin
    Longitude
    -89.00324
    Latitude
    42.67923

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    FAQs

    What type of property is this?
    Commercial real estate - Gas Station, Service Bays, Huge Potential
    Where is this commercial real estate located?
    The property is located at 1533 Racine St Janesville, WI.
    What is the asking price?
    The asking price for this property is $495,000.
    (608) 758-9779
    Request Owner's contact information
    1533 Racine St Janesville, WI 53545
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    Janesville, WI 53545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1533 Racine St Janesville, WI 53545
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