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340 Midland Rd,  Janesville,  WI  53546 $1,150,000 Sold
340 Midland Rd,  Janesville,  WI  53546
$1,150,000
Sold
 Property Type Business/Commercial
 Parcel # 0232300300
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1884111
 Listing Date 05/25/2020
 Sold Price $900,000
 Close Date 12/18/2020 12:00 AM

MLS Public Remarks  Office building for lease and sale, located in the Midlands office park in Janesville, WI. The 13,357 SF building offers its tenants many amenities, including private offices, bathrooms, conference rooms, and ample parking. Property is conveniently located near the I-90/39 interchange and walking distance to Janesville's Palmer Park. Property is zoned O-1. Two office suites are available for lease: Suite 100 - 2,145 SF - $2,150 per/mo, gross - available 6/1/2020 Suite 120 - 1,489 SF - $1,500 per/mo, gross - available 10/1/2020
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  Located On The Corner Of Midland Rd And Palmer Dr In The Midlands Office Park
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $12
  • Total Units/Bldg  6
  • Building Gross SqFt  13,357
  • Net Leasable SqFt  11,278
  • Year Built  1986
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0
  • Street Frontage  425
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  12
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  O-1
  • Est. Total Acres  2.09
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $262,200
  • Assessment Year  2019
  • Net Taxes  $18,495
  • Tax Year  2019
  • Improvements  $557,900
  • Total Assessment  $820,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 5/31/2020 0 $25,800 $12 $0 2,145
    2 Gross 9/30/2020 0 $18,000 $12 $0 1,489
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items 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
  • Exterior Treatment  
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Corner, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Office
  • Licenses  
  • Lease Type  Gross, Mixed lease types, Triple net
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Inside storage, Private Restrooms, Private office(s), Reception area, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Coldwell Banker Commercial Mcguire Mears & Assoc