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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2709 Hwy Janesville, WI 53546

7,232 SF 1.68 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 2709 U.S. Hwy 51 in Janesville, Wisconsin, presents a lucrative business opportunity. Currently operating as a thriving tavern and banquet hall, this 7,232 square foot building sits on a 1.68-acre lot and offers ample space for various ventures. The property boasts two floors, each contributing to the substantial usable area. Key features include four bathrooms, two fully equipped bars, and a zoned heating and cooling system ensuring year-round comfort. The lower level offers a walkout access to scenic views and includes volleyball pits, presenting potential for outdoor recreation or expansion. With over 50 parking spaces, the property is conveniently located on a high-traffic section of Highway 51, providing excellent visibility and accessibility. Its proximity to I-90 further enhances its strategic location. The B1 zoning allows for a wide range of business uses, making this a versatile investment. The asking price is $499,900, with a price per square foot of $69.12. Built in 1970, this property benefits from the Town of Rock tax base. This is a rare opportunity to acquire a well-established business with significant potential for growth and expansion in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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