235 Broadway, Cokato, MN 55321 - MLS #4093127

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235 Broadway
Cokato, MN 55321

MLS #4093127

$419,000

Property Details

Commercial Opportunity in Cokato. Great location with high foot traffic. Currently leased with successful, well established businesses in the town Hub of Cokato. Instant income making potential , well maintained building with 8 individual units.

Current Use Beauty/Barber Shop,Business Service,Professional Service
Foreclosure Status No
Year Built 1984
Sale Includes Building,Leases
Total Number of Units 5
Status Active

Community & Schools

County Wright
Municipality Cokato
Postal City Cokato (MN)
School District 466 - Dassel-Cokato
School District Phone 320-286-4100

Interior Features

Building Finished Square 6750
Handicap Accessible No Stairs,Hallways/Doors
Basement None
Roof Asphalt Shingles,Flat,Age 8 Years or Less
Number of Units 1 1
Number of Units 2 1
Number of Units 3 1
Number of Units 4 1
Number of Units 5 1
Number of Units 6 1
Number of Units 7 1
Shared Rooms Other

Exterior Features

Exterior Brick/Stone
Parking Characteristics Uncovered/Open
Road Frontage City,Paved Streets,Curbs,Sidewalks
Lot Description Irregular Lot
Lot Dimensions Getting
Other Parking Spaces 50

Appliances & Utilites

Air Conditioning Central
Heating Forced Air
Fuel Natural Gas
Water City Water/Connected
Number of Ranges None
Number of Refrigerators None
Sewer City Sewer/Connected

Financial Details

Annual Insurance Expense 1200
Total Annual Income 55224
Unit 1 Monthly Rent 602
Annual Rent 1 7224
Unit 2 Monthly Rent 1025
Annual Rent 2 12300
Unit 3 Monthly Rent 795
Annual Rent 3 9540
Unit 4 Monthly Rent 1250
Annual Rent 4 15000
Unit 5 Monthly Rent 335
Annual Rent 5 4020
Unit 6 Monthly Rent 225
Annual Rent 6 2700
Unit 7 Monthly Rent 370
Annual Rent 7 4440
Total Monthly Income 4602
Annual Net Income 36163
Tax Amount 8658
Tax With Assessments 8758
Tax Year 2010
Annual Gross Income 54000

Miscellaneous Details

Amenities - Unit Washer/Dryer Hookup,Local Area Network,Multiple Phone Lines
Foundation Size 6750
Zoning Business/Commercial
Lender Owned No
Potential Short Sale No

Map & Directions

Highway 12 to Cokato S on County Road 3 to L in to Cokato Town Hall

Map for 235 Broadway, Cokato, MN 5532145.077006-94.189825

Map locations are not exact and are meant to be an estimated reference only.

Listing information for 235 Broadway, Cokato, MN 55321 was graciously provided by our friends at the listing brokerage, Oak Realty LLP

In addition to this Commercial real estate property, we have hundreds of addtional Cokato real estate listings and homes for sale and Wright County real estate listings and homes for sale.

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Last Updated 05/21/2012