Joel Hinsey
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309-313 W Milwaukee Street, Janesville, WI 53548

$650,000
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New to the Market Active
SQUARE FEET6,400 MLS#2022182
STATUSActive PROPERTY TYPECommercial - Office
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Listing Courtesy of: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
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Property Description

7-unit mixed-use investment property in the heart of downtown Janesville. Four 1BD/1BA apartments and three street-level retail storefronts totaling 6,400 SF. Listed at $650,000 with a 7.14% current cap rate and 9.94% proforma cap rate. Two retail units leased through April 2027, one storefront delivered vacant at closing. Residential rents running significantly below market with strong value-add upside. 2025 property taxes just $4,280. Roof re-siliconed within past five years. Full offering memorandum available.

309-313 W Milwaukee Street | MLS# 2022182

This commercial property located at 309-313 W Milwaukee Street, Janesville, WI 53548 is currently listed for sale with an asking price of $650,000. Search Janesville real estate on jhinsey.starkhomes.com today.

Property Features

Property Type: Commercial - Office
Fuel Type: Natural gas, Electric
Home Style: Retail, Office
Taxes: $4,279
Year Built: 1900

Amenities

Brick

Feature Descriptions

Annual Unit Rent (Per Sqft): $7.28(Unit 1), $6.95(Unit 2)
Days on Site: 1
Exterior: Brick
Gross SQFT: 1050(Unit 1), 1100(Unit 2)
Heating/Cooling: Steam, Radiant
Location: Business district
Present Use: Retail, Office, Apartment building
Total Units (Building): 1
Water/Waste: Municipal water

Listed By / Shown By

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agent Name: Joel Hinsey
Agent Phone: (608) 513-2368
Agency Title: Stark Company Realtors

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/02/2026. The listing information on this page last changed on 05/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/02/2026 5:45:23 AM EST) or SCWMLS (last updated Fri 05/01/2026 11:54:57 PM EST) or Wirex (last updated Sat 05/02/2026 1:59:24 AM EST). Real estate listings held by brokerage firms other than Stark Company Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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