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Listed by Apartment Cash Flow, Inc.
$650,000
Est. payment /mo
6,400 SqFt
New
309-313 W Milwaukee Street Janesville, WI 53548-3642
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Key Details
Property Type Commercial
Sub Type Retail,Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $101
MLS Listing ID 2022182
Year Built 1900
Annual Tax Amount $4,279
Tax Year 2025
Lot Size 3,310 Sqft
Acres 0.076
Property Sub-Type Retail,Office
Property Description
7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available.
Location
State WI
County Rock
Area Janesville - C
Zoning B-5
Direction From I-90/39, take Exit 171B toward Janesville. Head west on W Milwaukee St. Property is located on the right between S Jackson St and S Parker Dr
Rooms
Basement Full
Interior
Heating Radiant, Steam
Cooling Radiant, Steam
Exterior
Parking Features 6-10 spaces
Roof Type All flat
Building
Story 2
Water Municipal water
Structure Type Brick
Others
SqFt Source List Agent
Energy Description Electric,Natural gas
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved
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