138 N Main Street, Janesville, MN 56048

$450,000$
Beds
0 Baths
0 SqFt
0.28 Acres
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$450,000$
138 N Main Street
Janesville, MN, 56048
MLS #NST7059604 image #0MLS #NST7059604 image #1MLS #NST7059604 image #2MLS #NST7059604 image #3MLS #NST7059604 image #4MLS #NST7059604 image #5MLS #NST7059604 image #6MLS #NST7059604 image #7MLS #NST7059604 image #8MLS #NST7059604 image #9MLS #NST7059604 image #10MLS #NST7059604 image #11MLS #NST7059604 image #12MLS #NST7059604 image #13MLS #NST7059604 image #14MLS #NST7059604 image #15MLS #NST7059604 image #16MLS #NST7059604 image #17MLS #NST7059604 image #18MLS #NST7059604 image #19MLS #NST7059604 image #20MLS #NST7059604 image #21MLS #NST7059604 image #22MLS #NST7059604 image #23MLS #NST7059604 image #24MLS #NST7059604 image #25MLS #NST7059604 image #26MLS #NST7059604 image #27MLS #NST7059604 image #28MLS #NST7059604 image #29MLS #NST7059604 image #30MLS #NST7059604 image #31

About 138 N Main Street

Strong mixed-use investment opportunity in the heart of downtown Janesville. This iconic 1900s building offers a stabilized asset with improved tenancy, renovated apartment units, and a long-term State Farm commercial tenant in place. The property includes 7 apartment units and 3 commercial suites. Major capital improvements and deferred maintenance items have already been addressed, including more than $70,000 in RTU upgrades, creating a near-turnkey investment opportunity with reduced near-term capital needs. The property currently generates $6,324 per month in rental income, with additional upside through two vacant office suites. The lower level provides 2,500+ sq. ft. of additional space for storage, future tenant use, or other income-producing possibities, offering further value-add potential for an investor
Listing Provided Courtesy of RE/MAX Results

138 N Main Street Property Details

Price:
$450,000
MLS #:
NST7059604
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Original Plat/Janesville Minn
Listed Date:
Apr 21, 2026
Total Sq Ft:
12,361
Lot Size:
12,284 sqft / 0.28 acres (approx)
Year Built:
1900
Original Plat/janesville MinnJanesville-waldorf-pemberton

Schools

School District:
Janesville-Waldorf-Pemberton

Interior Features

Cooling
Central Air
Heating
Forced Air

Exterior & Lot Features

Accessibility Features
None
Exterior Features
Stone
Lot Features
Corner Lot
Parking Features
Unassigned

Property Taxes & Financial Details

Tax Year
2026
Taxes
$4,435
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David Gooden

David Gooden

David Gooden & Co
The Dane Arthur Agency

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