For Sale
$495,000

1533 Racine StJanesville, WI 53545

Established business, high occupancy, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a branded Mobil service station in Janesville, Wisconsin, ideally located at 1533 E Racine St, 53545. The property, a single-tenancy retail establishment, encompasses 1,363 square feet and is currently operating at 100% occupancy. Priced at $495,000 ($363.17 per square foot), this well-maintained property boasts a rich history, having been family-owned for over 80 years. Recent upgrades include updated fuel pumps, a complete electrical system overhaul, and a modern canopy featuring energy-efficient LED lighting. The station currently functions as a gas station with two service bays, offering significant potential for expansion and diversification. Entrepreneurial opportunities abound, with possibilities including expanding the auto repair services, adding a convenience store, establishing a towing business, or exploring other complementary ventures. The meticulously maintained building provides a clean and inviting atmosphere, ready for immediate operation or creative expansion. This turnkey operation offers a rare chance to acquire a profitable, established business with significant upside potential in a desirable location. The property's strong history and recent improvements combine to create a compelling investment opportunity.

Highlights

  • Mobil gas station, 1,363 SF, Janesville, WI.
  • 100% occupied, single-tenant retail building.
  • Priced at $495,000 ($363.17/SF).
  • Recently renovated with updated fuel pumps, electrical system, and LED canopy lighting.
  • Two service bays; potential for expansion (e.g., convenience store, auto repair).

Property Details for 1533 Racine St

Property type
Retail properties, Gas stations
Square Feet
1,363 SF

Location Insight

City
Janesville
County
Rock
State
Wisconsin
Latitude
42.6792468
Longitude
-89.0034234
1533 Racine St, Janesville, Wisconsin

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1533 Racine St
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