Janesville, MN
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    Janesville, MN Mixed-use Properties for Sale

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    Elysian, MN Madison Lake, MN Pemberton, MN
    Mixed-Use Building with Office Suites
    $489,900
    2,500 SF
    Mixed-Use Building with Office Suites

    138 N Main Street, Janesville, MN 56048

    Downtown mixed-use property with apartments and commercial suites, including one long-term State Farm tenant.
    • Stabilized mixed‑use asset with long‑term State Farm commercial tenant and renovated apartment units.
    • Significant capital improvements completed, including $70,000+ in RTU upgrades, reducing near‑term capital needs.
    • Generates $6,324 per month in rental income with upside potential from vacant office suites.
    • Located in the heart of downtown Janesville.
    • Includes 7 apartment units and 3 commercial suites.
    Updated: Apr 21
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    Renovated Mixed-Use Property For Sale
    $442,500
    Renovated Mixed-Use Property For Sale

    121 Main Street North, Janesville, MN 56048

    Newly renovated mixed-use property in downtown Janesville, 100% leased.
    • 100% Leased: Provides immediate income.
    • Net Commercial Leases: Tenants cover base rent plus CAM and operating expenses.
    • Newly Renovated Throughout: Reduces maintenance costs and appeals to tenants.
    • Solid Residential Rental History: Demonstrates consistent demand and income.
    • Two New Main Street Frontages (2021): Increases visibility and accessibility.
    Updated: Apr 1
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    Renovated Mixed-Use Property For Sale
    $442,500
    5,297 SF
    Renovated Mixed-Use Property For Sale

    Newly renovated, fully leased mixed-use property in downtown Janesville.

    121 N Main St, Janesville, MN 56048

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Janesville, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victory Drive Commercial Opportunity
    $1,199,000
    6,000 SF
    Victory Drive Commercial Opportunity

    Versatile commercial property with high visibility and income potential.

    219 S Victory Drive, Mankato, MN 56001

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    Downtown Waseca Commercial Investment Opportunity
    $550,000
    0.07 Acres
    Downtown Waseca Commercial Investment Opportunity

    Prime downtown location with retail, rental, and event hosting potential.

    102 State Street N, Waseca, MN 56093

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    Mankato Mixed-Use Commercial Property
    $499,000
    Mankato Mixed-Use Commercial Property

    Versatile commercial property suitable for office and retail operations.

    1230 S Victory Dr, Mankato, MN 56001

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    Downtown Waseca Mixed-Use Opportunity
    $550,000
    3,223 SF
    Downtown Waseca Mixed-Use Opportunity

    Versatile property in downtown Waseca with retail and rental potential.

    102 State St N, Waseca, MN 56093

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tillable Land Near Highway 212
    $13,800,000
    69.17 Acres
    Tillable Land Near Highway 212

    69.17 acres of tillable land guided for mixed-use development.

    Xxx Hwy 212, Carver, MN 55315

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    Expansive Land Parcel in Austin
    $249,000
    9.17 Acres
    Expansive Land Parcel in Austin

    9.17 acres of vacant land suitable for various commercial uses.

    TBD 10th St NW, Austin, MN 55912

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    Prime Land in Growing Community
    $1,199,000
    40.00 Acres
    Prime Land in Growing Community

    40-acre parcel suitable for residential, commercial, or mixed-use development.

    TBD Hwy 57, Mantorville, MN 55955

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    Prime Shakopee Development Opportunity
    $247,500
    0.52 Acres
    Prime Shakopee Development Opportunity

    Corner lot in downtown Shakopee with development potential.

    720 Bluff Avenue, Shakopee, MN 55379

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    Janesville, MN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 3 mixed-use properties for sale in Janesville, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,797 square feet of properties for sale, with an estimated market value of $932,400.

    Sale prices for multi use buildings in Janesville, MN start at $442,500, averaging $466,200, and reaching up to $489,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,203
    Population Growth (5Y) +0.6%
    Median Household Income $82,813
    College Educated 33.7%

    High-Yield Neighborhoods for Investment

    Identify Janesville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56048 $458.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $21.46 per sq ft
    Tax Rate vs County Average 0.95 pp below county avg
    Average Loan-to-Value 65.0%

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