Mixed-Use Building with
For Sale
$475,000
138 N Main St, Janesville, MN 56048
Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.
Property SizeContact for details
Days on Market118
Property Features for 138 N Main St
General Information
Standard status
Active
Units
Multifamily Units
7
Office Units
3
Additional Details
Gross Income
$75,888
Taxes and HOA fees
Annual Taxes
$4,434
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Results
(612) 423-1841
Listed By:
Dylan A Maitland
(612) 423-1841
Source:
Exprealty
Added: Apr 22
Changed: Aug 15
Last Checked: Aug 16 at 2:39PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Located at 138 N Main St in Janesville, MN, this mixed-use building dating to the 1900s combines seven apartment units with three commercial suites. The apartment units have been renovated, while capital improvements and deferred-maintenance work include RTU upgrades.
A State Farm commercial tenancy is in place, and two office suites are currently vacant. The lower level adds 2,500+ square feet that can support storage or future tenant use. This configuration brings together residential units, commercial space, and additional lower-level area within a downtown property.
A State Farm commercial tenancy is in place, and two office suites are currently vacant. The lower level adds 2,500+ square feet that can support storage or future tenant use. This configuration brings together residential units, commercial space, and additional lower-level area within a downtown property.
Key Highlights
- Seven apartment units and three commercial suites
- Renovated apartment units
- State Farm commercial tenant in place
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.
Where is this mixed-use property located?
The property is located at 138 N Main St Janesville, MN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Seven apartment units and three commercial suites; Renovated apartment units; State Farm commercial tenant in place
