50 Main StJanesville, WI 53545

  • Other commercial real estate
  • 4,734 SF
For Lease
$156/SF/YR View listing

Property Details for 50 Main St

Year built
1900
Lot size
0.13 AC
Property size (Sq ft)
4,734 SF
Zone code
B5
Property type
Other commercial real estate
APN
136200354
APU
136200354

Description

This exceptional commercial property, located at 50 S. Main Street (and 50 East Court Street) in historic downtown Janesville, Wisconsin, offers 7,000 square feet of prime retail and office space within two buildings. Built in 1879 and extensively renovated in 2018, this three-story building boasts a blend of classic architecture and modern amenities. Currently, 1,400 square feet is available for lease in a single-tenant configuration. The property sits on a 0.36-acre lot and provides ample parking. The space features updated electrical power systems, but lacks elevators. The zoning is commercial, making it suitable for a variety of uses, including retail, office, and fitness-related businesses. Its prominent location in a high-traffic area of Janesville ensures excellent visibility and foot traffic. This is an unparalleled opportunity to establish a business in a beautifully restored historic building, benefiting from the charm and vibrancy of downtown Janesville. The open floor plan offers flexibility for various business types. The property's central location within a bustling commercial district offers high exposure and significant foot traffic, making it an ideal location for businesses seeking a high-profile presence. The 53545 zip code provides easy access to the city's amenities and transportation networks.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $978,394
    Hospitality
    $896,204
    Educational
    $745,631
    Medical
    $771,274
    Retail
    $1,159,870
50 Main St, Janesville, Wisconsin

Location Insight

City
Janesville
County
Rock
State
Wisconsin
Latitude
42.6816
Longitude
-89.0215
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
$9,687
$40,700
$522,000
$562,700
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