138 Main StJanesville, MN 56048
- Office properties
- 4,000 SF
Property Details for 138 Main St
- Property size (Sq ft)
- 4,000 SF
- Property type
- Office properties
Description
This exceptional investment opportunity presents a 4,000 square foot Class C office building located at 138 N Main St, Janesville, MN 56048, in Waseca County. The property sits on a 6,158 square foot lot and is currently configured as executive office space. Two commercial leases are currently in place, providing immediate cash flow. Significant recent improvements enhance the property's value and potential for future growth. In 2023, a $70,000 upgrade was completed on the roof top unit (RTU). Furthermore, all second-floor apartments underwent a complete renovation, bringing them up to code. All current tenants have undergone thorough background and credit checks. The building offers additional vacant commercial space presenting a significant opportunity to increase rental income. This advantageous listing presents a strong return on investment, whether managed remotely or through self-management. The owners are open to considering a Contract for Deed (CFD) sale. This property is ideally situated in a sub-market of Greater Mankato, offering excellent potential for long-term growth and profitability.
Location Insight
- City
- Janesville
- County
- Waseca
- State
- Minnesota
- Latitude
- 44.1161
- Longitude
- -93.7079
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