2709 Hwy Janesville, WI 53546
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.