Property profile

121 N Main St Janesville, MN 56048

FOR LEASE
Other commercial real estate
Property ID
US46-2165086
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This mixed-use property is located in downtown Janesville and includes both commercial and residential spaces. It underwent renovations and added two new main-street frontages in 2021, including a handicap-ramp entrance to support accessibility. The building has dedicated frontage for street-facing commercial use and is configured with commercial suites operated under net-lease structures, where tenants generally pay base rent in addition to common-area maintenance (CAM) and operating expenses. The property’s commercial and residential spaces have historically been occupied under consistent leasing arrangements.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 14.100.2000
UPID US46-2165086

Cap rate & NOI

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

Location

121 N Main St Janesville, MN 56048
Janesville metro Census 790100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2021
Last sale
$80,000
3 recorded transactions
2021
$80,000
2018
$295,000
2013
Price N/A

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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