245 S Broadway, Cokato, MN 55321
MLS# 5206700
$189,900
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Property Description
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 7 individual units. Parking lot is owned and maintained by the city of Cokato. This is great opportunity to have your place of business and then lease out the remaining units.
Summary
| Accessibility Features: Grab Bars In Bathroom; No Stairs External; No Stairs Internal | Cooling: Central |
| Country: US | Fencing: None |
| Buyer Financing: Contract For Deed | Heating: Forced Air |
| Lot Dimensions: UNKNOWN | Map Coordinate Source: King's Street Atlas |
| Owner Pays: Electricity; Fuel; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection | Road Frontage Type: City Street; Curbs; Paved Streets; Sidewalks |
| Sewer: City Sewer/Connected | Water Source: City Water/Connected |
| Zoning: Business/Commercial | Legal Description: SECT-34 TWP-119 RANGE-028 RICHARD'S ADDN LOT-003 BLOCK-001 TH PRT LT3BLK1WH LIES SLY&WLY OF FOL DES LN COM SE COR OF LT2BLK1TH S89D53'0"W ASM BRG ALG S LN OF SD LT2 17FT TO MST NELY COR OF LT3&POB OF |
| Roof: Age 8 Years or Less; Asphalt Shingles; Flat | Parking Features: Uncovered/Open |
| Tax With Assessments: 5820 | Year Built: 1984 |
| Directions: From Highway 12 in Cokato, turn South on County Road 3 (Broadway) Mall on the left | Property ID Number: 105038001030 |
| Acres: 0.06 | Lot Size SqFt: 2787.84 |
| Closed Timestamp: 2021-08-05T22:38:25Z | Original On Market Timestamp: 2019-04-01T05:00:00Z |
| Total Bathrooms Source: MLS | Status: Closed |
| Contingency: None | Contingency: None |
| Property Type: Commercial | County: Wright |
| ListPrice: 189900 | Closed Date: 2021-08-05 |
| Off Market Date: 2021-06-10 | Off Market Date: 2021-06-10 |
| List Date: 2019-04-01 | Sales Close Price: 183000 |
| On-Market Date: 2019-04-01T05:00:00Z | Original List Price: 229000 |
| Off Market Date: 2021-06-10 | On-Market Contract Date: 2019-04-01 |
| Current Price: 183000 | Utilities: Electric Separate; Heating Separate; Hot Water Separate |
| Current Use: Beauty/Barber Shop; Business Service; Church; Commercial; Professional Service | Sale Includes: Building |
| List Agent Full Name: Gary C Dagner | List Office Mls Id: 6249 |
| Buyer Office MlsId: 26146 | List Agent Mls Id: 502006459 |
| Buyer Agent MlsId: 502047103 | List Agent Originating System Mls ID: 502006459 |
| Buyer Agent Originating System Mls ID: 502047103 | List Office Originating System Mls ID: 6249 |
| Buyer Office Originating System Mls ID: 26146 | List Agent Association: MAAR |
| Buyer Agent Association: MAAR | Co-List Agent Full Name: Carla L Sundblad |
| Co-List Office Mls Id: 6249 | Co-List Agent Mls Id: 502029376 |
| Co-List Agent Originating System Mls ID: 502029376 | Co-List Office Originating System Mls ID: 6249 |
| IDX Participant: Yes | Photos Count: 28 |
| Lot Size Area: 0.06 | Lot Size Units: Acres |
| Current Price: 183000 | Unparsed First Line Address: 245 S Broadway |
| Source System ID: FLEXMLS_NSTAR | Originating System ID: FLEXMLS_NSTAR |
| Property Type: Commercial | Originating System Listing ID: 5206700 |
| : The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. | List AOR: MAAR |
| Cooling: Yes | Heating: Yes |
| Last Modified: 2021-08-05T22:41:29Z |
None
| Allow Auto Valuation: Yes | Allow Consumer Comment: Yes |
| MLSID: RMLS |
Contract Information
| Availability: Unavailable | Owner is an Agent?: No |
| Auction?: No |
Office/Member Info
| Association: MAAR |
General Property Information
| Lot Measurement: Acres | Multiple PIDs?: Yes |
| Other Parking Spaces: 20 | Owner Occupied: No |
| Waterfront Present: No | Year Built: 1984 |
| Yearly/Seasonal: Yearly | Zoning: Business/Commercial |
| Lot Dimensions: UNKNOWN | Acres: 0.06 |
| Foundation Size: 5072 | For Sale or Lease: For Sale |
| Assessment Pending: No |
Location, Tax and Other Information
| Legal Description: SECT-34 TWP-119 RANGE-028 RICHARD'S ADDN LOT-003 BLOCK-001 TH PRT LT3BLK1WH LIES SLY&WLY OF FOL DES LN COM SE COR OF LT2BLK1TH S89D53'0"W ASM BRG ALG S LN OF SD LT2 17FT TO MST NELY COR OF LT3&POB OF | Map Page: 999 |
| Rental License?: No | School District Phone: 320-286-4100 |
| Map Coordinate Source: King's Street Atlas | Country: US |
| Property ID Number: 105038001030 | Tax Year: 2021 |
| Tax Amount: 5820 | In Foreclosure?: No |
| Potential Short Sale?: No | Lender Owned?: No |
Directions & Remarks
| Public Remarks: 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 7 individual units. Parking lot is owned and maintained by the city of Cokato. This is great opportunity to have your place of business and then lease out the remaining units. | Directions: From Highway 12 in Cokato, turn South on County Road 3 (Broadway) Mall on the left |
Additional Parcels Information
| Property ID #2: 105038001050 | Property ID #3: 105038001040 |
Assessments
| Tax With Assessments: 5820 |
Building Information
| Building Finished SqFt: 5072 | Building SqFt: 5072 |
Green Verification
| Green Certification: No |
Lease Details
| Lease Amount Type: Monthly |
Lock Box Type
| Lock Box Source: MAAR |
Miscellaneous Information
| FIPS Code: 27171 | Homestead: No |
Sale Options
| Sale Includes: Building |
Unit Details
| Total Units: 7 |
Property Features
| Accessible: Grab Bars In Bathroom; No Stairs External; No Stairs Internal |
| Air Conditioning: Central |
| Amenities Unit: Local Area Network; Multiple Phone Lines; Washer/Dryer Hookup |
| Basement: None |
| Construction Status: Previously Owned |
| Exterior: Brick/Stone |
| Fencing: None |
| Financing Terms: Contract For Deed |
| Fuel: Natural Gas |
| Heating: Forced Air |
| Owner Pays: Electricity; Fuel; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection |
| Parking Characteristics: Uncovered/Open |
| Road Frontage: City Street; Curbs; Paved Streets; Sidewalks |
| Roof: Age 8 Years or Less; Asphalt Shingles; Flat |
| Sewer: City Sewer/Connected |
| Shared Rooms: Other |
| Water: City Water/Connected |
| No. of Ranges: None |
| No. of Refrigerators: None |
| Available Utilities: Electric Separate; Heating Separate; Hot Water Separate |
| On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate |
| Current Use: Beauty/Barber Shop; Business Service; Church; Commercial; Professional Service |
| Loan Terms: Cash; Contract for Deed; Conventional |
