Mixed-Use Building with
138 N Main Street, Janesville, MN 56048
For Sale
$450,000
Commercial Sale, Janesville, MN
Property SizeContact for details
Lot Size0.28 Acres
Days on Market203
Property Features for 138 N Main Street
General Information
Property type
Property subtype
Zoning description
Rooms
Parking features
Subdivision
Lot features
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Listing Agency:
RE/MAX Results · RE/MAX International
(763) 235-7000
Listed By:
Dylan A Maitland
(952) 829-2900
Added: Apr 21
Changed: Oct 21
Last Checked: Nov 9 at 6:06AM
MLS# 7059604
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building contains 7 apartment units and 3 commercial suites. The apartments have been renovated, and the commercial portion includes a long-term State Farm tenant alongside two vacant office suites. The lower level adds 2,500+ sq. ft. of space for storage or potential tenant use.
Built in 1900, the property sits in downtown Janesville on a 0.282-acre parcel. Building systems include forced-air heating and central air conditioning, and assigned parking is available. RTU upgrades have also been completed.
Built in 1900, the property sits in downtown Janesville on a 0.282-acre parcel. Building systems include forced-air heating and central air conditioning, and assigned parking is available. RTU upgrades have also been completed.
Key Highlights
- 7 apartment units and 3 commercial suites
- Two vacant office suites; one commercial suite has a long‑term State Farm tenant
- 2,500+ sq. ft. of lower‑level area
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines residential units, commercial suites, and additional lower-level space.
Where is this mixed-use property located?
The property is located at 138 N Main Street Janesville, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7 apartment units and 3 commercial suites; Two vacant office suites; one commercial suite has a long‑term State Farm tenant; 2,500+ sq. ft. of lower‑level area
