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    215 Milwaukee St Janesville, WI 53548

    For Sale
    $34,200

    High-traffic retail space, endless potential.

    Property size:
    4,206 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 4,206 square foot commercial property, situated at 215 W Milwaukee Street in the vibrant heart of downtown Janesville, Wisconsin, presents a remarkable opportunity for a diverse range of businesses. Located on one of the city's busiest blocks, this property boasts impressive daily traffic counts exceeding 5,000 vehicles, ensuring high visibility and accessibility for your enterprise. Currently configured as a retail boutique, the space offers immense flexibility and adaptability to suit various business models, including retail, fitness centers, service-based businesses, or restaurants. The 4,206 square feet encompasses two restrooms, a dedicated storage area, a utility room, and a sizable basement, providing ample space for operations and storage needs. The property sits on a 0.13-acre lot. Utilities are efficiently managed with tenants responsible for gas and electric costs, while water and sewer are covered by the landlord. This prime location, coupled with its versatile layout and convenient amenities, makes it an ideal investment for entrepreneurs seeking a thriving downtown presence. The asking price for this exceptional property is $342,000.

    Property Features for 215 Milwaukee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,206 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    ROCK
    State
    Wisconsin
    Longitude
    -89.02627
    Latitude
    42.68142

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail space, endless potential.
    Where is this commercial real estate located?
    The property is located at 215 Milwaukee St Janesville, WI.
    What is the asking price?
    The asking price for this property is $34,200.
    (608) 741-1000
    Request Owner's contact information
    215 Milwaukee St Janesville, WI 53548
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    Janesville, WI 53548
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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
    215 Milwaukee St Janesville, WI 53548
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