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405 Broadway Ave S 18,750 SF Specialty Building Offered at $510,000 in Cokato, MN 55321
INVESTMENT HIGHLIGHTS
- Historic, ornate woodwork, stained glass, brick exterior.
- Central Downtown Location
- Two additions since the original building
- Off of 4th St
EXECUTIVE SUMMARY
Exceptional opportunity to own a versatile and beautifully maintained church facility offering endless possibilities. While currently used as a place of worship, this property is well-suited for a variety of alternative uses, including a daycare, school, event center, dance studio, or multi-tenant configuration. The property features two worship areas, highlighted by a spacious main sanctuary seating 300+ attendees, with all chairs included. Original stained-glass windows and exquisite woodwork create a warm, inviting atmosphere throughout. Multiple private offices and flexible-use rooms provide ample space for classrooms, administrative needs, or specialized programming. A full (non-commercial) kitchen supports events, gatherings, and daily operations. The lower level offers a concrete-floor recreational area ideal for activities such as pickleball or dodgeball, along with two additional carpeted sitting rooms that could serve as entertainment, meeting, or game spaces. Recent improvements include a new roof and zoned heating and air conditioning, ensuring efficient comfort throughout the building. There is additional opportunity to enhance the existing third-level space by removing the ceiling to expose the attic, allowing for added natural light, vaulted ceilings, and architectural character. This area could be transformed into a third-floor living or rental space, expanding the property’s income or use potential. The overall layout and size lend themselves well to multi-tenant occupancy or creative redevelopment. The City of Cokato has indicated the property may be suitable for multi-family use; however, buyers are encouraged to verify zoning and approvals directly with the city. Seller is a licensed Minnesota broker.
PROPERTY FACTS
| Price | $510,000 | Lot Size | 0.81 AC |
| Price Per SF | $27.20 | Building Size | 18,750 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built/Renovated | 1919/1978 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Zoning | C1 - The property is zoned C-1. See the uploaded city of Cokato Ordinance for more info on what is allowed. § 153.033 CENTRAL BUSINESS (C-1) | ||
| Price | $510,000 |
| Price Per SF | $27.20 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 18,750 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1919/1978 |
| Tenancy | Single |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | C1 - The property is zoned C-1. See the uploaded city of Cokato Ordinance for more info on what is allowed. § 153.033 CENTRAL BUSINESS (C-1) |
AMENITIES
- Signage
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 105-028-000010 | Improvements Assessment | $306,800 |
| Land Assessment | $111,400 | Total Assessment | $418,200 |
PROPERTY TAXES
Parcel Number
105-028-000010
Land Assessment
$111,400
Improvements Assessment
$306,800
Total Assessment
$418,200
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405 Broadway Ave S
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