Janesville Mixed Use Investment - Main Street North

121 Main Street North, Janesville, MN 56048

Property Information

  • For Sale $389,000
  • Property Type Retail - Restaurant
  • Property Size 5,297 SF
  • Units 4
  • Parking Spaces Avail. 4
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Year Renovated 2023
  • Date Updated Aug 5, 2026

Description

Located on Main Street in quaint downtown Janesville - just 10 minutes outside of Mankato along 4-lane Highway 14.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.

Highlights

  • 100% Occupancy through October 31, 2026
  • Net Commercial Leases
  • New Roof - Front Half of 121 N. Main (2025)
  • Newly Renovated Throughout
  • Option for Owner/User Space (Can Subdivide Parcel)
  • Steady Rental History for Apartments

Contacts

Location

  • 51/100 Somewhat Walkable
  • 43/100 Somewhat Bikeable
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