Historic Bed & Breakfast
2200 W Memorial Drive Janesville, WI 53548
2200 W Memorial Drive, Janesville, WI, 53548
$524,900
For Sale
$524,900
COMMERCIAL - Janesville, WI
Property Size3,862 SF
Lot Size1.29 Acres
Price / SF$135.91
Days on Market48
Property Features for 2200 W Memorial Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R1
- Parking features
- Ramp
- Interior features
- Private Restrooms, Reception area, Signage available
- Standard status
- Active
- APN
- 241 0126100386
- Size
- 3,862 SF
- Lot size
- 1.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6872
Building Details
- Year built
- 1858
- Number of units
- 1
- Roof type
- Composition
Listing agency
Century 21 Affiliated
(608) 365-1481
Listed by
Karla Clark · License #77760-94
(608) 207-0421
Added: Jun 6 Updated: Jul 23 at 7:27AM Checked: Jul 23 at 11:06AM
MLS# 2025243
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 historic bed & breakfast property features 16 rooms and includes four guest suites with private baths, including one ADA-compliant room. The layout also provides two innkeeper living quarters, elegant parlors, and a sunroom. A fully remodeled kitchen is in place, and the home includes major updates such as a newer roof, chimney repairs, updated plumbing, window improvements, a boiler, radiators with individual temperature controls, and updated appliances. Exterior updates include a new blacktop driveway.
The property is located on 1.29 acres in Janesville, WI, near shopping, restaurants, event spaces, and major highways. Zoning is listed as R1.
With its historic designation and extensive renovation work already completed, the property is set up for continued hospitality use with the seller providing two weeks of training for transition.
The property is located on 1.29 acres in Janesville, WI, near shopping, restaurants, event spaces, and major highways. Zoning is listed as R1.
With its historic designation and extensive renovation work already completed, the property is set up for continued hospitality use with the seller providing two weeks of training for transition.
Key Highlights
- Landmark Historic Register bed & breakfast dating to 1858 with Italianate architecture
- 16‑room property on 1.29 acres with four guest suites featuring private baths, including one ADA‑compliant room
- Commercial‑level remodeled kitchen plus reception area, parlors, and sunroom
Local Financial Insights For Hotel Hospitality
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 | $55.6k | $14.40 |
| − Vacancy | −$3.8k | −$0.98 |
| EGI | $51.8k | $13.42 |
| − OpEx | −$27.2k | −$7.05 |
| NOI | $24.6k | $6.37 |
3,862 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$351.7K
$307.8K – $410.3K
NOI $24,620 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$928.1K
$812.1K – $1.08M
NOI $64,965 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Century Elms Bed ...
Bed & Breakfast
Similar For Sale Nearby
Similar Off Market Nearby
- Century Elms Bed and Breakfast — 2200 W Memorial Dr, Janesville, WI 53548
FAQs
What type of property is this?
Bed & breakfast - Historic 16-room bed & breakfast with four guest suites, private baths, and multiple remodeled interior updates.
Where is this bed & breakfast located?
The property is located at 2200 W Memorial Drive Janesville, WI.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Landmark Historic Register bed & breakfast dating to 1858 with Italianate architecture; 16‑room property on 1.29 acres with four guest suites featuring private baths, including one ADA‑compliant room; Commercial‑level remodeled kitchen plus reception area, parlors, and sunroom
