405 Broadway Ave Cokato, MN 55321
- Commercial real estate
- 18,748 SF
- 0.81 lot acres
Current Use by Public Records
- Cokato Events / Event Ticket Seller
- Cornerstone Church - Cokato Campus / Church
- Living Stones Church / Church
Property Details for 405 Broadway Ave
- Year built
- 1968
- Lot size
- 0.81 lot acres
- Property size
- 18,748 SF
- Property type
- Commercial real estate
Description
This expansive 18,748 square foot commercial building, situated on a 0.81-acre lot at 405 Broadway Avenue S in Cokato, Minnesota, presents a unique investment opportunity. Currently configured as a church, the property boasts a multitude of potential uses, including daycare, school, event center, or dance studio. The interior features several offices, a large sanctuary with seating for over 300 (chairs included), original stained-glass windows, and exquisite woodwork. A full kitchen, though not commercially equipped, is also present. Recent improvements include a new roof, adding to the building's overall value and longevity. The property's zoning allows for multiple tenants, making it ideal for a variety of income-generating ventures. The building is equipped with zoned heating and air conditioning systems, ensuring comfortable year-round use. The asking price for this exceptional property is $530,000. Its prime location and adaptable layout make it an attractive proposition for discerning investors seeking a versatile and well-maintained commercial space with significant upside potential. Don't miss this chance to acquire a substantial property in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cokato
- County
- Wright
- State
- Minnesota
- Longitude
- -94.1898
- Latitude
- 45.07495