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Freestanding Office Building with Drive-Thru

2636 US Hwy 51 Janesville, WI 53546

2636 US Hwy 51, Janesville, WI, 53546
$698,000
For Sale
Claim this Listing
$698,000

2,606 SF office building with drive-thru on one acre.

Property Size2,606 SF
Lot Size1.00 Acre
Price / SF$267.84
AddedApr 7
Days on Market100
Last RefreshApr 7 at 8:03 pm

Property Features for 2636 US Hwy 51

General Information

Standard status
Active
Size
2,606 SF
Lot size
1.00 Acre
Property subtype
Office

Building Details

Year Built
1990

Listing office Coldwell Banker Commercial McGuire Mears & Associates

Listing date Apr 7, 2026

Source Cbcworldwide

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 Coldwell Banker Commercial McGuire Mears & Associates


Investment Insights

Based on property information with market context.

This is a professional freestanding office building for sale in Janesville, WI. The 2,606 SF building features existing multi-lane drive-thru infrastructure. Formerly a bank branch, it is a plug-and-play option for office users, fast-casual dining, or service-based retail. Situated on a full acre, the property boasts an expansive parking-to-building ratio, ensuring ease of access for both staff and visitors. The property benefits from existing highway access and a location in one of Janesville’s steady growth paths.

Key Highlights

  • Freestanding 2,606 SF office building suitable for office, fast‑casual dining, or retail.
  • Benefits from existing multi‑lane drive‑thru infrastructure.
  • Located on a full acre with expansive parking.

Local Financial Insights For Office B

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 $57.9k $22.20
− Vacancy −$12.1k −$4.66
EGI $45.7k $17.54
− OpEx −$11.4k −$4.38
NOI $34.3k $13.15
2,606 SF · lease $22.20/SF/yr · vacancy 21.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$489.7K
$428.5K – $571.3K (±1% cap)
NOI $34,278 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$626.2K
$548.0K – $730.6K (±1% cap)
NOI $43,837 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Kitchen & Bath Showroom Electrical Service HVAC Service Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 2,606 SF office building with drive-thru on one acre.
Where is this office building located?
The property is located at 2636 US Hwy 51 Janesville, WI.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Freestanding 2,606 SF office building suitable for office, fast‑casual dining, or retail.; Benefits from existing multi‑lane drive‑thru infrastructure.; Located on a full acre with expansive parking.
Contact an agent
More about this property
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