Historic Bed &
For Sale
$524,900
2200 W Memorial Drive, Janesville, WI 53548
COMMERCIAL - Janesville, WI
Property Size3,862 SF
Lot Size1.29 Acres
Price / SF$135.91
Days on Market61
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
Lot features
Corner, Free standing, Near Major Highway, Near public transportatn, Residential area
Directions
Hwy 51 to West on Memorial Drive
Subdivision
JANESVILLE - C
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
Amenities
guest suites with private baths
ADA-compliant room
innkeeper living quarters
parlors
sunroom
commercial kitchen
Building Details
Year built
1858
Number of units
1
Roof type
Composition
Listing Agency:
Century 21 Affiliated · Century 21 Real Estate
(608) 365-1481
Listed By:
Karla Clark · License #77760-94
(608) 207-0421
Added: Jun 6
Changed: Aug 5
Last Checked: Aug 5 at 10:06PM
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.
Built in 1858 and listed on the Historic Register, this 3,862-square-foot bed and breakfast occupies 1.29 acres. The 16-room layout includes four guest suites with private baths, including one ADA-compliant room, along with two innkeeper living quarters, formal parlors, and a sunroom. A fully remodeled kitchen supports hospitality operations, while private restrooms, a reception area, and available signage are among the interior features.
Recent property work includes a newer roof, chimney repairs, updated plumbing, replacement windows, a boiler, radiators with individual temperature controls, updated appliances, and a new blacktop driveway. A ramp is also provided. The property is near shopping, restaurants, event spaces, and major highways. The seller will provide two weeks of transition training.
Recent property work includes a newer roof, chimney repairs, updated plumbing, replacement windows, a boiler, radiators with individual temperature controls, updated appliances, and a new blacktop driveway. A ramp is also provided. The property is near shopping, restaurants, event spaces, and major highways. The seller will provide two weeks of transition training.
Key Highlights
- Built in 1858 and listed on the Historic Register
- 1.29‑acre property with a 3,862‑square‑foot building
- 16‑room layout with four guest suites and private baths
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53548, WI
19,233
Population
8,894
Households
2.2
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
75.0 sq mi
ZIP Area
256
Density / Sq Mi
$74,696
Median Household Income
$41,508
Median Earnings
$999
Median Rent
$226,600
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Century Elms Bed and Breakfast — 2200 W Memorial Dr, Janesville, WI 53548
Frequently Asked Questions
What type of property is this?
Bed & breakfast - The property combines guest suites, innkeeper quarters, parlors, and a remodeled hospitality kitchen.
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: Built in 1858 and listed on the Historic Register; 1.29‑acre property with a 3,862‑square‑foot building; 16‑room layout with four guest suites and private baths
