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Lovejoy Manor(w/ commercial space+land) 220 Saint Lawrence Ave 10,000 SF Retail Building Janesville, WI 53545 $1,450,000 ($145/SF)
INVESTMENT HIGHLIGHTS
- Perfect wedding venue or luxury vacation rental
- Former Lovejoy Manor two blocks to riverwalk and shopping
- On National Register of Historic Places
- Run your own business and live like royalty
- Open 1/2 acre parcel included, affords customization of venue
EXECUTIVE SUMMARY
Janesville is a market about to catch fire, with big developments planned and reasonable pricing, there are floods of Chicagoans and Madisonians exploring this area. Perfect opportunity to owner / occupy (like royalty) or create an ideal luxury wedding venue! The amazing and historic former Lovejoy Manor is on the market for sale. Meticulous attention to detail was extended throughout the property to help bring this Victorian home back to its former glory. Property includes 2 parcels. A 3rd empty lot adjacent is also available in conjunction with the residence/flex space at $200k. This empty lot will not sell by itself until after residence is sold to open up more possibilities for creative developers. Roughly 7000 square foot home, and attached 3,000 square foot flex space make this extremely versatile. With easy access to night life and the riverwalk, in addition to the bandshell nearby...future owners will be delighted with the conveniences. The half acre open lot would be perfect location for a developer to build a small boutique hotel (or park or amphitheater) to connect directly with the already perfect wedding spot. Buyers to verify zoning as well as all lot and parcel sizes. Ideal option for a luxury vacation rental, or someone who wants to live and manage their own event facility. Event facility is wide open so easy to build out, with easy tie-ins to utilities kept in mind. The open adjacent lot creates endless opportunities. Come be part of an engaging up and coming community. Depending on modifications to property, may be eligible for historical tax credits.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$9,999
|
$1.00
|
| Operating Expenses |
$7,299
|
$0.73
|
| Total Expenses |
$17,298
|
$1.73
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $9,999 |
| Annual Per SF | $1.00 |
| Operating Expenses | |
|---|---|
| Annual | $7,299 |
| Annual Per SF | $0.73 |
| Total Expenses | |
|---|---|
| Annual | $17,298 |
| Annual Per SF | $1.73 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built/Renovated
1880/2020
Price
$1,450,000
Price Per SF
$145
Building Height
3 Stories
Building FAR
0.18
Lot Size
1.30 AC
Zoning
O2 - Parcel zoned for mixed use... buyer verify all zoning... Media by Rockrose Productions.
Parking
2 Spaces (0.2 Spaces per 1,000 SF Leased)
Frontage
197’ on Saint Lawrence Ave
AMENITIES
- Conferencing Facility
- Corner Lot
- Courtyard
- Roof Terrace
- Air Conditioning
- Balcony
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
1 of 60
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Lovejoy Manor(w/ commercial space+land) | 220 Saint Lawrence Ave
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