Janesville Mixed Use Investment - Main Street North
$442,500
121 Main Street North, Janesville, MN 56048
For Sale
Retail
Restaurant
Active
Last Updated: 03/18/2026
11.34
Cap Rate
50,184.2
NOI
Details:
Cap Rate: 11.34%
NOI: $50,184.20
Building Size: 5,297 sqft
Occupancy: 100%
Units: 4
Year Built: 1989
Floors: 2
Highlights:
- Newly Renovated Throughout
- 100% Occupancy
- Net Commercial Leases
- Steady Rental History for Apartments
Description:
Mixed-use newly renovated property in downtown Janesville. Two new main street frontages added in 2021 with handicap ramp entrance. 100% leased - Residential Rental history solid with both commercial and residential units consistently leased. Commercial suites are net leases, with both tenants paying base + CAM and operating.
Located on Main Street in quaint downtown Janesville - just 10 minutes outside of Mankato along 4-lane Highway 14.
Documents:
| Title | ||
|---|---|---|
| 115-121_Janesville_Sale_Brochure.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
