405 Broadway Ave S - Churches FOR SALE


Cokato, MN 55321
$510,000 USD
612-223-2527
405 Broadway Ave S, Cokato, MN for Sale
$510,000 USD
Churches - FOR SALE
1/58
null | Request Cap Rate

405 Broadway Ave S
Cokato, MN 55321


HIGHLIGHTS

  • Historic, ornate woodwork, stained glass, brick exterior.
  • Two additions since the original building
  • Central Downtown Location
  • Off of 4th St

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$510,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

C1

APN/PARCEL ID

105-028-000010

ASK ABOUT THIS PROPERTY

Derek EleyMitchell RealtyMore Info
612-223-2527

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Derek EleyMitchell RealtyMore Info
612-223-2527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.