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1532 E Racine St,  Janesville,  WI  53545 $324,000 Sold
1532 E Racine St,  Janesville,  WI  53545
$324,000
Sold
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 Property Type Business/Commercial
 Parcel # 0231400284
 County Rock
 Sub Area P14
 Municipality Janesville
 MLS# 1935705
 Listing Date 06/01/2022
 Sold Price $276,000
 Close Date 04/13/2023 12:00 AM

MLS Public Remarks  EXCELLENT OPPORTUNITY TO OWN A CLEAN COMMERCIAL BUILDING IN HIGHLY VISIBLE LOCATION IN JANESVILLE! THE REAL ESTATE ONLY IS FOR SALE, NOT THE D.Q. BUSINESS. THE PROPERTY HAS BEEN WELL MAINTAINED & UPDATED THROUGH THE YEARS. PERFECT FOR SMALL RESTAURANT, ICE CREAM SHOP. PIZZERIA OR SANDWICH SHOP. THERE IS A DRIVE THROUGH ALL SET UP WITH SIGNAGE & DRIVE UP WINDOW. NEW & MODERN SIGN INCLUDED ON RACINE ST SIDE. THERE IS A FULL BASEMENT FOR ADDITIONAL STORAGE, AN OFFICE & ALL MECHANICALS. CURRENT INSIDE SEATING CAPACITY IS 16 & PARKING FOR 13 VEHICLES. THERE IS ALSO AN OUTDOOR PATIO FOR ADDITIONAL SEATING. TONS OF EXTRA'S HAVE BEEN DONE OVER THE RECENT YEARS!
Documents and Related Links  
1) Disclosure to Non Residential Customers
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Janesville
  • C/T/V  City
  • Unit #  
  • Directions  On The Corner Of E Racine St & S Randall Ave
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  1,200
  • Net Leasable SqFt  1,200
  • Year Built  1960
  • Source for Year Built  PubR
  • Approx Bldg Dimen  30x40
  • Street Frontage  203
  • Parking Fees/Mo.  $0
  • Onsite Parking  13
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  B-3 Commer
  • Est. Total Acres  0.22
  • Source Of Est Acres  PubR
  • Lot Dimensions  76x127
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $41,800
  • Assessment Year  2021
  • Net Taxes  $3,210
  • Tax Year  2021
  • Improvements  $93,200
  • Total Assessment  $135,000
    • 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 NONE NA 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Exterior Sign, drive through sign.
    Items Excluded  Sellers personal & business equipment
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Full
  • Fuel  Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Restaurant/Supper Club, Retail, Service
  • Exterior Treatment  Block, Vinyl
  • Building Parking  11-20 spaces, Onsite, Paved
  • Roofing  Other, Tar & gravel
  • Terms/Option  
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Corner, Free standing, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Restaurant/Supper Club
  • Licenses  None
  • Lease Type  None
  • Occupied by  Owner
  • Sale Includes  Signs
  • Features  Display window, Inside storage, Public rest rooms, Security lighting, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated