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    1321 Court St Janesville, WI 53548-3538

    For Sale
    $229,900

    High-traffic location, versatile space, great investment.

    Property size:
    1,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 1,488 square foot commercial building at 1321 W Court Street, Janesville, WI 53548-3538, presents a unique investment opportunity for both owner-occupants and investors. The three-level brick structure boasts a prime location in a high-traffic area, making it ideal for a variety of business uses. The upper level currently functions as residential space, complete with a bedroom, living area, kitchen, and bathroom. The main level has a history of successful commercial ventures, including an insurance business, hair salon, and stamping business. The lower level, previously used as a tattoo parlor, offers additional space suitable for another business or storage. Ample parking is available. Recent improvements include a new roof (2023) and a new furnace (2024), minimizing immediate maintenance needs. The property's adaptability and location in Rock County, Wisconsin, make it a compelling prospect for entrepreneurs and investors seeking a versatile commercial space with potential for residential conversion. This property is zoned for commercial use and offers significant potential for future development.

    Property Features for 1321 Court St

    General Information

    Property type
    Land
    Square Feet
    1,488 SF

    HighLights

    • 1,488 SF commercial building at 1321 W Court Street, Janesville, WI.
    • Three‑level brick building in a high‑traffic area, ideal for various business uses.
    • Upper level offers residential space (bedroom, living area, kitchen, bath).
    • Main level has history of successful commercial ventures.
    • Lower level provides additional space for business or storage.
    • Ample parking available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Janesville
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.0367356
    Latitude
    42.6792628

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    FAQs

    What type of property is this?
    Land - High-traffic location, versatile space, great investment.
    Where is this land located?
    The property is located at 1321 Court St Janesville, WI.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: 1,488 SF commercial building at 1321 W Court Street, Janesville, WI.; Three-level brick building in a high-traffic area, ideal for various business uses.; Upper level offers residential space (bedroom, living area, kitchen, bath).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1321 Court St Janesville, WI 53548-3538
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