Search
Mixed-Use Building with Apartments
New
For Sale
$395,000

115 3rd Street SW, Cokato, MN 55321

The main floor contains five private offices and shared workspace, with two residential units above.

Property SizeContact for details
Days on Market1

Property Features for 115 3rd Street SW

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 1 x 2BR/1BA, 1 x studio
Multifamily Units 2

Additional Details

Property Use Mixed-Use

Building Details

Year Built 1924
Buildings 1
Stories 2
Listing Agency: Options Real Estate, Inc
Listed By: The Antonov Group
Source: Theantonovgroup
Added: Oct 30 Last Checked: Oct 30 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Options Real Estate, Inc

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1924, this downtown Cokato mixed-use building combines office space on the main floor with two apartments on the upper level. The business area includes five private offices and a common workspace. Residential layouts include a two-bedroom, one-bath apartment and a studio with its own bathroom.

Improvements include a new roof and front steel siding in 2025. The studio apartment received new heating and cooling systems in 2024, while those systems were replaced in the two-bedroom apartment in 2026. Both apartments have new LVP flooring. Other work includes interior painting, replacement appliances, and a new sump pump.

Key Highlights

  • Main level has five private offices and a common workspace
  • Upper floor includes a two‑bedroom, one‑bath apartment and a studio with a private bathroom
  • New roof and front steel siding completed in 2025

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tracy Acker Counseling ... Counselor Stonelake Title Co Title Company Title Mark - Cokato Consultant

Suggested Use

Top Pick Pharmacy Law Firm Butcher Big Box & Wholesale Store Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 55321, MN

5,597
Population
2,033
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
93%
High-School Grad
81.0 sq mi
ZIP Area
69
Density / Sq Mi
$81,250
Median Household Income
$52,034
Median Earnings
$960
Median Rent
$265,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The main floor contains five private offices and shared workspace, with two residential units above.
Where is this mixed-use property located?
The property is located at 115 3rd Street SW Cokato, MN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Main level has five private offices and a common workspace; Upper floor includes a two‑bedroom, one‑bath apartment and a studio with a private bathroom; New roof and front steel siding completed in 2025
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved