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2709 Hwy Janesville, WI 53546

OFF-MARKET Commercial real estate Google Maps
7,232 SF 1.68 ac lot Built 1970
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 7,232 square foot commercial property, situated on 1.68 acres at 2709 S Highway 51 in Janesville, Wisconsin, presents a remarkable business opportunity. Previously operating as a tavern and banquet hall, this two-story building offers ample space for a variety of commercial ventures. The interior boasts four bathrooms and two bars, along with zoned heating and cooling systems for optimal climate control. The walkout lower level provides access to scenic views and includes volleyball courts, ready for revitalization. With over 50 parking spaces, this property enjoys high visibility on Highway 51, offering convenient access and significant traffic exposure. Its location is just minutes from Interstate 90, further enhancing its accessibility. The property is zoned B1, allowing for numerous business options. The Town of Rock tax base adds to the financial advantages of this prime commercial real estate. This versatile space is ideal for entrepreneurs seeking a high-traffic location with significant potential for growth and success. The existing infrastructure, including the bars and ample parking, provides a solid foundation for a variety of businesses. The scenic views and recreational features of the lower level offer unique possibilities for expansion or added value. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent visibility and access.

Property profile

Verified
Property type Commercial real estate
Year built 1970
Total area 7,232 SF
Lot 1.68 ac (73,181 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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