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138 N Main Street, Janesville
$475,000
ACTIVE Status ⋅ 7059604 MLS
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

138 N Main Street, Janesville

Listing courtesy of RE/MAX Results.

200 E North Street, Janesville
$425,000
ACTIVE Status ⋅ 7019384 MLS
Over three acres of possibility are waiting for you on North East Street in charming Janesville, Minnesota. This rare vacant parcel offers the kind of blank canvas that dreamers, builders, and visionaries crave. With its generous acreage and prime positioning, this property could be the ideal site for an apartment complex, nursing home, or long-term care facility — developments that thrive in welcoming, close-knit communities exactly like this one. The property comes equipped with city water and sewer already available, eliminating one of the biggest hurdles in new development. For multi-unit residential or healthcare facilities, having municipal utilities in place dramatically streamlines the path from blueprint to grand opening. Janesville offers residents and future tenants the perfect balance of peaceful small-town living and convenient access to nearby amenities and services. Opportunities like this do not come along every day. Three-plus acres with municipal infrastructure in a thriving southern Minnesota community is the kind of find that makes developers do a double take.

200 E North Street, Janesville

Listing courtesy of Weichert Realtors, Community Group.

13462 620th a Avenue, Mapleton
$399,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7152183 MLS ⋅ 2,188 SqFt.
Here’s an incredible opportunity to own approximately 10 acres just outside Mapleton! This property offers a unique combination of acreage, a 4-bedroom, 2-full-bath home, agricultural space, and impressive storage capabilities. The property features a 60' x 200' pole barn along with 8 grain bins, providing an abundance of storage space and potential rental opportunities for equipment, vehicles, recreational items, or agricultural storage, subject to permitted uses and rental demand. Outdoor enthusiasts will appreciate the proximity to Lost Marsh, a 328-acre public hunting area, offering access to additional outdoor recreation and hunting opportunities. The surrounding area provides a great setting for those who enjoy spending time outdoors. The approximately 10 acres provide plenty of room to enjoy the outdoors, continue agricultural use, or explore future possibilities. An additional 10.92 acres of agricultural land is also available for purchase separately, offering the opportunity to expand your acreage and potentially add additional agricultural income or production opportunities. Whether you're looking for a home with acreage, substantial storage, agricultural potential, or additional rental possibilities, this property offers a unique combination that is hard to find. Located just outside Mapleton with convenient access to the surrounding area, this is an opportunity worth taking a look at. Come see everything this property has to offer and explore the possibilities of adding the additional 10.92 acres!

13462 620th a Avenue, Mapleton

Listing courtesy of Weichert Realtors, Community Group.

605 N Market Street, Janesville
$299,900
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7157610 MLS ⋅ 3,701 SqFt.
Welcome to 605 N. Market Street! This spacious rambler offers a large footprint, convenient main-level living, and an excellent location with plenty of opportunity to make it your own! Offering 4 bedrooms, 3 bathrooms, and over 3,600 square feet of living space, this home has room to spread out and endless potential. The main level features a large living room, an additional family room, a functional kitchen and dining area, three bedrooms, including the primary bedroom, two bathrooms, and convenient access to the attached two-stall garage. A fantastic screened-in porch provides additional space to relax and enjoy the outdoors. Downstairs, you'll find an expansive recreation room, kitchenette, fourth bedroom, bathroom, additional bonus room, utility area, and plenty of storage space. Whether you're looking for entertaining space, a home office, workout area, or room for hobbies, this lower level offers tremendous flexibility! Outside, enjoy a great location directly across from the JWP softball field, a city-maintained ice rink in the winter, and Trinity Lutheran School's playground, all within comfortable walking distance of both local schools. Move-in ready with endless potential for updates and personal touches, this is a wonderful opportunity to build equity and make a spacious, well-located home your own.

605 N Market Street, Janesville

Listing courtesy of Century 21 Atwood.

204 1st Avenue, Pemberton
$249,000
ACTIVE Status ⋅ 6782591 MLS
This exceptional commercial property presents an outstanding business opportunity for the entrepreneurial spirit. This well-established restaurant and bar sits in a prime location along State Highway 83, strategically positioned between multiple communities for maximum accessibility and customer reach. The single-story building has been thoughtfully expanded with additions completed in 2016 and 2018, creating additional space for operations and guest comfort. A durable metal roof protects your investment, while the attractive fenced patio area offers delightful outdoor dining options that customers love during pleasant weather. The generous parking area ensures your guests will never struggle to find a convenient spot. Step inside to discover a beautifully updated interior featuring modern amenities and thoughtful design. The layout includes two distinct bar areas, providing flexibility for different crowds and occasions. Multiple seating options accommodate various group sizes with an array of tables, stools, and high-top seating arrangements. The spacious bathroom features elegant ceramic tile finishes. This turnkey opportunity includes everything needed to hit the ground running. The sale encompasses the building, land, and existing inventory, allowing for seamless transition into operations. All appliances remain with the property, eliminating the need for costly equipment purchases. Whether you're looking to continue the current successful concept or transform the space into your dream establishment, this property offers endless possibilities. The proven track record, excellent location, and included assets make this an attractive investment for anyone seeking to enter or expand in the hospitality industry.

204 1st Avenue, Pemberton

Listing courtesy of Weichert Realtors, Community Group.

209 S Teal Street, Janesville
$239,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7135441 MLS ⋅ 1,845 SqFt.
Opportunity awaits at 209 S. Teal Street in Janesville! Situated on over half an acre, this property is being sold "AS IS" and is ready for a new owner to bring their ideas, vision, and sweat equity. The home is in need of some TLC but offers a great starting point with an attached two-stall garage, durable metal roof, tankless water heater, and cozy gas fireplace. What truly sets this property apart is the incredible shop space! The main shop building measures approximately 40' x 60' and features a loft, with additional attached structures providing even more usable space. An operational car hoist will remain with the property. Whether you're looking for space to run a business, work on vehicles, store equipment, pursue hobbies, or create the ultimate workshop, the possibilities here are exciting. With a spacious lot, substantial shop space, and plenty of potential throughout, this is a unique opportunity to bring new life to an awesome Janesville property. Bring your ideas and make it your own!

209 S Teal Street, Janesville

Listing courtesy of Century 21 Atwood.

106 W South Street, Janesville
$169,000
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7146210 MLS ⋅ 1,500 SqFt.
Welcome to 106 W. South St.! This 3 bedroom, 1 bathroom story-and-a-half home with a great two-stall detached garage packs plenty of value and future potential. The main level features a functional kitchen, dining room, living room, primary bedroom, full bathroom, and convenient main-floor laundry. Upstairs, you’ll find two additional bedrooms plus a bonus room offering flexible space for an office, storage, hobby room, or more. Outside, the large detached garage provides additional workspace and convenient alley access. This home is move-in ready while still offering plenty of opportunity to bring your ideas, make it your own, and build sweat equity along the way. Brand new roof in 2026! A great opportunity in Janesville!

106 W South Street, Janesville

Listing courtesy of Century 21 Atwood.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

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