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
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.