MLS#7156958
STATUSActive
PROPERTY TYPECommercial - Office
SCHOOLDassel-Cokato
Property Description
Great investment opportunity in the heart of downtown Cokato! This mixed-use commercial building offers business space on the main level and two residential apartments upstairs, providing multiple income opportunities. The main level features five private offices and a common workspace. The upper level includes a two-bedroom, one-bath apartment and a studio apartment with its own private bathroom. Numerous improvements have been completed, including a new roof and front steel siding in 2025, new heating and cooling systems in the studio apartment in 2024 and the two-bedroom apartment in 2026, and new LVP flooring in both apartments. Additional improvements include interior painting, replacement appliances, and a new sump pump. With its convenient downtown location and combination of commercial and residential space, this property offers a great opportunity for investors or business owners looking to generate rental income!
Property Features
Property Type: Commercial - Office
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.07 Acres
Roof Type: Age 8 Years or Less
Taxes: $5,336
Year Built: 1924
Feature Descriptions
Appliances: Air-To-Air Exchanger, Chandelier, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned
Basement: Block, Full, Partially Finished, Storage Space, Sump Pump
Current Use: Professional/Office, Residential
Foundation Size: 4500
Lot Dimensions: 58x49
Parcel#: 105010013102
Parking: Off Site, On-Street Parking Only, Parking Lot, Paved Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sale Includes: Building, Fixture/Equipment, Leases
Sewer: City Sewer/Connected
Units: 4
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water/Connected
Local Schools
School District: Dassel-Cokato
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 763-682-2882
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
115 3rd Street Sw | MLS# 7156958
This commercial property located at 115 3rd Street Sw, Cokato, MN 55321 is currently listed for sale with an asking price of $395,000. 3rd Street Sw is located within the Dassel-Cokato school district. Search Cokato real estate on www.homesbyjoel.com today.