For Sale: Cokato MLS# 6522816
Active
$535,000
Commercial: Other
Built 1988
1.08 acres
Dassel-Cokato schools
MLS# 6522816
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Property Description
Great investment opportunity with excellent Hwy 12 frontage in Cokato, MN. The sale is for the REAL ESTATE ONLY, BUSINESS NOT FOR SALE. Property has been leased out to auto repair shop since June 2018. Nearly 7000 vehicles per day pass by this highly visible location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$535,000
Property Type:
Commercial
City:
Cokato
Garage Spaces:
4
County:
Wright
Year Built:
1988
State:
MN
Property Style:
Other
Zip Code:
55321
Subdivision Name:
Frank Griffith Outlots Cokato
Exterior
Garage Spaces:
4
Other Parking Spaces:
20
Foundation Size:
6,200 ft2
Foundation Dimensions:
40x60, 50x76
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Exterior Material:
Steel Siding
Lot & Land
Acres:
1.08
Geolocation:
45.077512, -94.179365
Inclusions:
Building, Land
Lot Dimensions:
145 x 249 x 96 x 77 x 117 x 181 x 69
Zoning:
Business/Commercial
Schools
School District:
466
District Phone:
320-286-4100
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,000
Annual Maintenance Expense:
None
Annual Gross Expense:
$9,982
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,982
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,982
Income
Annual Gross Income:
$47,400
Rent
Annual Net Income:
$37,418
Units
Total Units:
1
Miscellaneous
Current Use:
Automotive
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Lakes Area Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.