1321 Court StJanesville, WI 53548-3538

  • Other commercial real estate
  • 816 SF
For Sale
$229,900 View listing

Property Details for 1321 Court St

Year built
1961
Lot size
0.15 AC
Property size (Sq ft)
816 SF
Zone code
B3
Property type
Other commercial real estate
APN
135300380
APU
135300380

Description

This exceptional 1,488 square foot commercial building, situated on a 0.15-acre lot at 1321 W Court Street in Janesville, WI, presents a remarkable investment opportunity. The three-story brick structure boasts a prime location in a high-traffic area, making it ideal for a variety of business ventures. Currently configured for mixed-use, the upper level offers comfortable living quarters complete with a bedroom, living area, kitchen, and bathroom. The main level has a rich history of successful businesses, previously housing an insurance agency, hair salon, and stamping business, demonstrating its adaptability to diverse commercial needs. The lower level, previously used as a tattoo parlor, provides additional space suitable for another business or ample storage. The property benefits from abundant parking, ensuring convenience for both employees and customers. Recent upgrades include a new roof installed in 2023 and a new furnace in 2024, minimizing maintenance concerns and maximizing efficiency. This versatile property offers significant potential for investors seeking a strong return or owner-occupants looking for a unique blend of commercial and residential space. Its prime location and adaptable layout make it a truly exceptional opportunity. Priced at $219,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $168,646
    Hospitality
    $154,479
    Educational
    $128,524
    Medical
    $132,945
    Retail
    $199,927
1321 Court St, Janesville, Wisconsin

Location Insight

City
Janesville
County
Rock
State
Wisconsin
Latitude
42.6792
Longitude
-89.0367
CBSA code
27500
CBSA name
JANESVILLE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,459
$29,400
$116,200
$145,600
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