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Downtown Warehouse With Parking
New
For Sale
$395,000

340 N Franklin, Janesville, WI 53548

Vacant warehouse facility with dedicated parking across multiple parcels in downtown Janesville.

Property Size75,000 SF
Price / SF$5.27
Days on Market6

Property Features for 340 N Franklin

General Information

Standard status Active
Size 75,000 SF
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Better Homes and Gardens Real Estate Dream Partners
Listed By: Kevin Clark · License #5850490
Source: Madisonareahomelistings
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 16 at 8:58PM

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 Better Homes and Gardens Real Estate Dream Partners

Investment Insights

Based on property information with market context.

This vacant warehouse property provides 75,000 sq ft of building area and includes three separate parking lots. The assemblage consists of one warehouse and three parking parcels, with assessments, taxes, and acreage covering all four parcels. The warehouse parcel at 340 N Franklin contains 0.88 acres and measures 331x116. Additional parking parcels include 0.62 acres at 311 N Franklin, 0.18 acres at 309 River, and 0.39 acres at 332 River.

Built in 1900, the property is located in downtown Janesville near the hospital, river, and Ice Age Trail. The four-parcel configuration combines the warehouse with dedicated parking areas and provides a substantial commercial property footprint within the city.

Key Highlights

  • 75,000 sq ft warehouse building
  • Vacant property with one warehouse and three parking lots
  • Four parcels included in the property

Property Analytics

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Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

1,861
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • TOPMAN TRANSPORT MOVING & STORAGE 215 Linn St, Janesville, WI 53548
  • Midwest Indoor Storage - Janesville 314 W Milwaukee St, Janesville, WI 53548
  • Sarow Property Management 111 E Milwaukee St, Janesville, WI 53545

Frequently Asked Questions

What type of property is this?
Warehouse - Vacant warehouse facility with dedicated parking across multiple parcels in downtown Janesville.
Where is this warehouse located?
The property is located at 340 N Franklin Janesville, WI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 75,000 sq ft warehouse building; Vacant property with one warehouse and three parking lots; Four parcels included in the property
More about this property
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