824 West Delavan Drive, Janesville, WI 53546

Listing office Slaby & Associates

Listing date Jul 1, 2026

Source Crexi

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Overview

This property is a specialty cold and freezer storage facility built for temperature-controlled inventory, offering an owner-user and investment-friendly structure. It sits on more than one acre of land, with space that could accommodate additional self-storage development. The property is currently generating about $46,000 in annual rental income.

The asset is located at 824 West Delavan Drive in Janesville, Wisconsin, and is identified as being in an Opportunity Zone location. Public remarks indicate that potential TIF incentives may be available to improve project feasibility.

For tenants, buyers, or operators seeking temperature-controlled storage, this facility provides an on-site cold/freezer environment with existing income generation. For prospective value-add buyers, the combination of current rental income, the on-site acreage, and the possibility of incentive programs may support planning around lease-up and potential expansion, including additional office income as referenced in the public remarks. Prospective parties should review current lease terms, operating details, and the feasibility of any planned additional storage or office components as part of due diligence.

Suggested Use

Real Estate Agency Restaurant Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center Kitchen & Bath Showroom Accounting Firm Hotel & Motel Auto Parts Store

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

Location Insight

• Map
• Local Demand

City

Janesville

County

Rock

State

Wisconsin

Longitude

-89.0293667

Latitude

42.6675079

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FAQs

What type of property is this?

Specialty property - Cold/freezer storage on over one acre, currently producing rental income and allowing room for additional self-storage development.

Where is this specialty property located?

The property is located at 824 West Delavan Drive Janesville, WI.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Cold/freezer storage investment on over 1 acre, with room for additional self‑storage development; Currently generates $46,000 in annual rental income; Estimated stabilized value exceeds $1,000,000 when fully leased