Retail Building with Drive-Up
2200 Center Avenue Janesville, WI 53546
New
For Sale
$200,000
COMMERCIAL - Janesville, WI
Property Size1,280 SF
Lot Size0.51 Acres
Price / SF$156.25
Days on Market1
Property Features for 2200 Center Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Interior features
Private Restrooms, Reception area, Signage available
Standard status
Active
APN
241 0411300373
Size
1,280 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1775
Building Details
Year built
1965
Number of units
1
Roof type
Shingle
Listing Agency:
Keller Williams Realty Signature
(608) 480-8580
Listed By:
Randy Langer
(608) 295-6874
Added: Jul 29
Last Checked: Jul 29 at 4:06PM
MLS# 2029122
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property includes a bright front retail area with large windows, a drive-up window, a private office, and central air conditioning. The building is situated on a 0.51-acre lot and is offered for sale as a commercial storefront building.
The site is located at 2200 Center Avenue in Janesville, WI and is zoned B-3 (General Commercial District). Public remarks also note high visibility with approximately 11,000 vehicles passing daily, and the property is identified as being within a tax-advantaged Opportunity Zone.
The existing layout combines a customer-facing retail front with dedicated office space and includes a drive-up window for quick service access from the street.
The site is located at 2200 Center Avenue in Janesville, WI and is zoned B-3 (General Commercial District). Public remarks also note high visibility with approximately 11,000 vehicles passing daily, and the property is identified as being within a tax-advantaged Opportunity Zone.
The existing layout combines a customer-facing retail front with dedicated office space and includes a drive-up window for quick service access from the street.
Key Highlights
- 1,280 SF commercial building on 0.51 acres at 2200 Center Ave, Janesville
- Central air conditioning plus a bright front retail area with large windows and signage available
- Drive‑up window, private restrooms, and a reception area
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $18.00 |
| − Vacancy | −$968 | −$0.76 |
| EGI | $22.1k | $17.24 |
| − OpEx | −$6.6k | −$5.17 |
| NOI | $15.5k | $12.07 |
1,280 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.6K
$269.2K – $358.9K
NOI $21,532 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with a drive-up window, central air, and private office on a 0.51-acre lot, zoned B-3.
Where is this storefront property located?
The property is located at 2200 Center Avenue Janesville, WI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,280 SF commercial building on 0.51 acres at 2200 Center Ave, Janesville; Central air conditioning plus a bright front retail area with large windows and signage available; Drive‑up window, private restrooms, and a reception area
