115 3rd Street SW, Cokato, MN 55321

Property Description

Great investment opportunity in the heart of downtown Cokato! This mixed-use commercial building offers business space on the main level and two residential apartments upstairs, providing multiple income opportunities. The main level features five private offices and a common workspace. The upper level includes a two-bedroom, one-bath apartment and a studio apartment with its own private bathroom. Numerous improvements have been completed, including a new roof and front steel siding in 2025, new heating and cooling systems in the studio apartment in 2024 and the two-bedroom apartment in 2026, and new LVP flooring in both apartments. Additional improvements include interior painting, replacement appliances, and a new sump pump. With its convenient downtown location and combination of commercial and residential space, this property offers a great opportunity for investors or business owners looking to generate rental income!