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Storefront Retail Building with Drive-Up Window
For Sale
$200,000

2200 Center Avenue, Janesville, WI 53546

COMMERCIAL - Janesville, WI

Property Size1,280 SF
Lot Size0.51 Acres
Price / SF$156.25
Days on Market8

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
Lot features High Traffic Location, High Visibility, Near Major Highway
Directions From Beloit, head north on Center Avenue (Hwy 51). From northern Janesville head south on Center Avenue.
Subdivision JANESVILLE - C
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

Amenities

private office
central air conditioning

Building Details

Year built 1965
Number of units 1
Roof type Shingle
Listing Agency: Keller Williams Realty Signature
Listed By: Randy Langer
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 5 at 10:06PM
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.

Located at 2200 Center Avenue in Janesville, this 1,280-square-foot storefront building was constructed in 1965. The interior includes a front retail area with large windows, a private office, reception area, private restrooms, signage availability, and central air conditioning. A drive-up window adds another customer-access feature, while the shingle roof completes the existing improvements.

The property occupies 0.51 acres and carries B-3 General Commercial District zoning. Approximately 11,000 vehicles pass the site daily, according to WI DOT figures provided in the property information. The address is also identified as being within an Opportunity Zone. The combination of a commercial storefront, additional land area, and established site improvements supports a range of retail-oriented configurations.

Key Highlights

  • 1,280 SF storefront building on a 0.51‑acre lot
  • B‑3 General Commercial District zoning
  • Drive‑up window with front retail area and large windows

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 (±1% cap)
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 (±1% cap)
NOI $21,532 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Teamsters Credit Union Credit Union VAPE N JUICE ... (Bike/Boat/Book/etc) Store CoinFlip Bitcoin ATM Money Transfer Service

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Restaurant Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Kwik Trip Shops & Services
8,822 visits/mo 0.1 miles
Liberty Tax Shops & Services
259 visits/mo 0.4 miles

Demographics for 53546, WI

31,190
Population
12,816
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
385
Density / Sq Mi
$73,430
Median Household Income
$45,481
Median Earnings
$1,076
Median Rent
$220,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - B-3 zoning accompanies central air, large display windows, and dedicated office and restroom areas.
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 storefront building on a 0.51‑acre lot; B‑3 General Commercial District zoning; Drive‑up window with front retail area and large windows
More about this property
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