Newly Renovated Mixed-Use
For Sale
Contact for pricing
121 N Main St, Janesville, MN 56048
Newly renovated mixed-use property with 100% leased occupancy and net commercial leases with base plus CAM.
Property Size5,297 SF
Price / SF$73.44
Days on Market690
Property Features for 121 N Main St
General Information
Standard status
Active
Size
5,297 SF
Property subtype
MULTIFAMILY
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
NAI North Star
(507) 380-6627
Listed By:
Cate DeBates · License ##40913079
(507) 380-6627
Source:
Moodyscre
Added: Sep 19, 2024
Changed: Aug 8
Last Checked: Aug 8 at 1:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI North Star
Investment Insights
Based on property information with market context.
Newly renovated mixed-use property in downtown Janesville, offering combined residential and commercial income. The building was newly renovated throughout, and it includes handicap ramp entrance access tied to main street frontage improvements. Two new main street frontages were added in 2021, supporting updated street-facing access.
The property is 100% leased/100% occupancy, with a commercial leasing structure described as net leases. Under the commercial arrangements, both tenants pay base plus CAM and operate as part of the lease model.
Residential rental history is described as steady, with residential units consistently leased. Overall, the asset combines newly renovated condition with full occupancy and a long-term leasing pattern across both commercial suites and residential rentals.
The property is 100% leased/100% occupancy, with a commercial leasing structure described as net leases. Under the commercial arrangements, both tenants pay base plus CAM and operate as part of the lease model.
Residential rental history is described as steady, with residential units consistently leased. Overall, the asset combines newly renovated condition with full occupancy and a long-term leasing pattern across both commercial suites and residential rentals.
Key Highlights
- Newly renovated throughout mixed‑use property
- Two new main street frontages added in 2021 with handicap ramp entrance
- 100% leased / 100% occupancy
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 56048, MN
4,150
Population
1,762
Households
2.4
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
122.4 sq mi
ZIP Area
34
Density / Sq Mi
$82,813
Median Household Income
$49,183
Median Earnings
$850
Median Rent
$223,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly renovated mixed-use property with 100% leased occupancy and net commercial leases with base plus CAM.
Where is this mixed-use property located?
The property is located at 121 N Main St Janesville, MN.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Newly renovated throughout mixed‑use property; Two new main street frontages added in 2021 with handicap ramp entrance; 100% leased / 100% occupancy
