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 Property Type Business/Commercial
 Parcel # 0217100009
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1870448
 Listing Date 10/08/2019
 Sold Price $855,000
 Close Date 07/16/2021 12:00 AM

MLS Public Remarks  VERY DESIRABLE COMMERCIAL PROPERTY FOR SALE ON JANESVILLE'S NORTH SIDE NEAR HWY 26, HWY 14 & I-90/30. PROPERTY IS FOR SALE OR LEASE. CURRENTLY 2 TENANTS IN PLACE, ONE THROUGH OCTOBER 2020 & ONE MONTH TO MONTH. BUILDING IS IN EXCELLENT CONDITION WITH ROOF, MECHANICALS & MOST INTERIOR FEATURES UPDATED IN LAST 10 YEARS. NEW HVAC UNIT IN 2020. NEWLY PAVED PARKING LOT FOR 50-60 VEHICLES.SALOON TENANT WILLING TO SIGN A NEW 5 YR LEASE.1/2 BLOCK OFF HWY 26 & ADJACENT TO NEW FRONTAGE RD CONNECTING MORSE TO DEERFIELD DR.THIS IS A GREAT INVESTMENT PROPERTY IN A HIGH TRAFFIC AREA. MUST HAVE APPOINTMENT TO BE ON PREMISES.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 26 To E On Morse St
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $30
  • Total Units/Bldg  2
  • Building Gross SqFt  6,880
  • Net Leasable SqFt  6,880
  • Year Built  1972
  • Source for Year Built  PubR
  • Approx Bldg Dimen  80x86
  • Street Frontage  212
  • Parking Fees/Mo.  $0
  • Onsite Parking  50+
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0

  • Zoning  B-4 Comm
  • Est. Total Acres  1.06
  • Source Of Est Acres  PubR
  • Lot Dimensions  210x231
  • Owner  
  • Tradename  Na
  • ASSESSMENT & TAXES  
  • Land Assessment  $369,800
  • Assessment Year  2020
  • Net Taxes  $23,162
  • Tax Year  2020
  • Improvements  $633,400
  • Total Assessment  $1,003,200
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $178,137
  • Annual Operating Exp  $46,195
  • Net Operating Income  $131,942
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 10/31/2020 No $134,400 $30 $0 4,416
    2 Gross M to M No $42,000 $17 $0 2,464
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  All tenants property is excluded.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Office, Restaurant/Supper Club, Retail, Service, Tavern
  • Exterior Treatment  
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Cert. of occupancy, Lease(s), P & L statement, Property Condition Report, Traffic count
  • Location  Business district, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Sewer, Trash Services, Water
  • Present Use  Office, Restaurant/Supper Club, Service, Tavern
  • Licenses  None
  • Lease Type  Gross
  • Occupied by  
  • Sale Includes  N/A
  • Features  Display window, Inside storage, Outside storage, Private Restrooms, Public rest rooms, Security system, Signage available



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated