REIT Sale | Former BMO Bank | 2 Drive-Thrus | 11K VPD | Milwaukee/Madison Market

Highlights:

• Freestanding Bank with 2 Drive-Thrus: ±4,271 SF former BMO on ±2.94 acres includes two drive-thru lanes and 23 parking spaces.
• High-Visibility Center Avenue Position: ±11,185 VPD frontage provides direct access and visibility along an established commercial corridor.
• Flexible B-2 Community Shopping Zoning: District supports financial, retail, office, and service-oriented repositioning opportunities.
• Strategic Southern Wisconsin Connectivity: WI-11 and I-39/I-90 link the site to Madison, Rockford, Milwaukee, and northern Illinois.
• Opportunity Zone with Strong Demographics: Nearly 55,000 residents within five miles have average household income of approximately $82,111.
• Absolute $1 Auction: First Bid Meets Reserve!

Description:

For more information visit:
https://rimarketplace.com/auction/3445/retail/janesville/wi?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november18_2026&utm_content=retail_3445

For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2608 Center Avenue in Janesville, Wisconsin is a vacant ±4,271-square-foot freestanding former BMO Harris Bank positioned for owner-user occupancy, lease-up, or adaptive reuse. Built in 1974 on an expansive ±2.94-acre parcel, the Property features two drive-thru lanes, 23 surface parking spaces, and a driveway providing circulation around the building. Center Avenue carries ±11,185 VPD and provides direct access to the site, while WI-11 is approximately 0.5 mile away and I-39/I-90 is approximately three miles away, where traffic exceeds 63,000 VPD. B-2 Community Shopping District zoning supports potential financial-services, retail, office, and service-oriented concepts, subject to applicable approvals. The Property is also reported within a federal Opportunity Zone, offering potential tax-related benefits to qualifying investments subject to buyer verification. Janesville is positioned between Madison and Milwaukee with convenient access to northern Illinois, including Rockford approximately 40 minutes away. Within five miles, the trade area includes nearly 55,000 residents with average household income of approximately $82,111. Excess land, existing drive-thru infrastructure, and regional connectivity provide multiple paths for repositioning.

Location
Janesville is the Rock County seat in southern Wisconsin, positioned along I-39/I-90 between Madison and northern Illinois. The city supports a diversified employment base spanning manufacturing, healthcare, education, distribution, and logistics, while WI-11 and regional highways provide access to Rockford, Madison, Milwaukee, and the broader Midwest.


Bidding Opens
Nov 17 1:00 AM
Bidding Closes
Nov 19 1:00 AM

Documents: