REIT Sale | Former BMO Bank | 2 Drive-Thrus | 11K VPD | Milwaukee/Madison Market

$1 Starting Bid

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 2876-52

For Tours prior to auction, please email  & 
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2608 Center Avenue in Janesville, Wisconsin is a vacant ±4,271-square-foot freestanding former BMO Harris Bank positioned for owner-user occupancy, lease-up, or adaptive reuse. Built in 1974 on an expansive ±2.94-acre parcel, the Property features two drive-thru lanes, 23 surface parking spaces, and a driveway providing circulation around the building. Center Avenue carries ±11,185 VPD and provides direct access to the site, while WI-11 is approximately 0.5 mile away and I-39/I-90 is approximately three miles away, where traffic exceeds 63,000 VPD. B-2 Community Shopping District zoning supports potential financial-services, retail, office, and service-oriented concepts, subject to applicable approvals. The Property is also reported within a federal Opportunity Zone, offering potential tax-related benefits to qualifying investments subject to buyer verification. Janesville is positioned between Madison and Milwaukee with convenient access to northern Illinois, including Rockford approximately 40 minutes away. Within five miles, the trade area includes nearly 55,000 residents with average household income of approximately $82,111. Excess land, existing drive-thru infrastructure, and regional connectivity provide multiple paths for repositioning.

Freestanding Bank with 2 Drive-Thrus

±4,271 SF former BMO on ±2.94 acres includes two drive-thru lanes and 23 parking spaces.

High-Visibility Center Avenue Position

±11,185 VPD frontage provides direct access and visibility along an established commercial corridor.

Flexible B-2 Community Shopping Zoning

District supports financial, retail, office, and service-oriented repositioning opportunities.

Strategic Southern Wisconsin Connectivity

WI-11 and I-39/I-90 link the site to Madison, Rockford, Milwaukee, and northern Illinois.

Opportunity Zone with Strong Demographics

Nearly 55,000 residents within five miles have average household income of approximately $82,111.

Absolute $1 Auction

First Bid Meets Reserve!