1 Parker PlJanesville, WI 53545

Property Details for 1 Parker Pl

Year built

1981

Lot size

1.28 AC

Property size (Sq ft)

62,725 SF

Zone code

B6

Property type

Other commercial real estate

APN

136200266

APU

136200266

Description

This exceptional commercial property, located at 1 Parker Place in Janesville, Wisconsin, presents a significant investment opportunity. The 107,288 square foot Class B office building sits on a 2.91-acre lot and offers a unique blend of functionality and visibility. Its strategic location provides easy access to major transportation arteries, including I-90/39 and Highway 11, ensuring convenient commutes for tenants and clients. Currently operating at 50% occupancy, this multi-tenant building boasts key features designed for optimal efficiency and security, including key-card access, a loading dock, a freight elevator, and ample parking. The building's elevated position on a rising slope provides stunning western views and excellent visibility throughout the Janesville community. The main entrance features a ramp for accessibility, and the building is further enhanced by three elevators, including a dedicated freight elevator. Multiple parking lots surround the building, providing convenient parking for tenants and visitors. This landmark office building represents a compelling opportunity to acquire a well-maintained, strategically located commercial property in the heart of Janesville's central business district. The asking price for this property is $2,500,000. The property is zoned for commercial use and is currently operating under a modified lease agreement.

• Alternative Use

  Use

  Valuation

  Residential

  $12,963,620

  Hospitality

  $11,874,606

  Educational

  $9,879,533

  Medical

  $10,219,305

  Retail

  $15,368,162

Location Insight

City

Janesville

County

Rock

State

Wisconsin

Latitude

42.6831

Longitude

-89.0202

CBSA code

27500

CBSA name

JANESVILLE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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