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138 N Main Street
Janesville MN 56048 US

$489,900

Active Listing ID 6782770
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Lot: 0.28 Acres
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$489,900

Active Listing ID 6782770
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138 N Main Street Prime Mixed-Use Investment in the Heart of Downtown Janesville. 11 units in total: 7 apartments and 3 commercial/office. Don't miss this excellent opportunity to own a centrally located mixed-use property in historic downtown Janesville. This iconic 1900s building features freshly renovated residential apartments and a long-term commercial tenant (State Farm) providing reliable income. Cash flowing property with CapX and positive tenancy turnover conducted by current ownership. Two small office vacancies and the lower level includes 2, 500+ sq. ft of additional space - ideal for future development, storage, or added rental income.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick/Stone
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 489900
  • unparsedaddress: 138 N Main Street
  • postalcity: Janesville
  • stateorprovince: MN
  • country: US
  • postalcode: 56048
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.282
  • lotsizeunits: Acres
  • lotsizearea: 0.282
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.116065
  • longitude: -93.707983
  • listagentfullname: Dylan A Maitland
  • listagentemail: dylan@dylanmaitland.com
  • listagentkey: 3yd-RMLSMN-502039689
  • listagentmlsid: 502039689
  • listagentpreferredphone: 6124231841
  • listagentofficephone: 9528292900
  • listofficekey: 3yd-RMLSMN-40542
  • listofficemlsid: 40542
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1900
  • listingcontractdate: 2025-09-04
  • listagenturl: http://www.results.net
  • countyorparish: Waseca
  • parcelnumber: 141001810
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Unassigned
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.707985, 44.116066
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Results", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dylan@dylanmaitland.com", "ListBrokerageCity":"Eden Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"getinfo@results.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc320fdd4190120fe00f06b0030/20180509171217397.png", "ListBrokerageName":"RE/MAX Results", "ListBrokeragePhone":"(952) 829-2900", "ListBrokeragePostalCode":"55344", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"11200 W 78th Street", "ListBrokerageWebsiteUrl":"http://www.results.net", "ListOfficeAddress1":"11200 W 78th Street", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Eden Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"getinfo@results.net", "ListOfficePostalCode":"55344", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Janesville, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6782770/?channel=rexren", "MLSModificationTimestamp":"2025-09-04T15:45:25Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4559.86, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/9/2025 8:33:01 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Dylan A Maitland, RE/MAX Results, dylan@dylanmaitland.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.