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118 Railroad Ave NE 9,300 SF 100% Leased Retail Building Mora, MN 55051 $600,000 ($64.52/SF)
Investment Highlights
- Turnkey Restaurant & Bar Opportunity
- 50 x 90 Banquet Room
- Downtown location
Executive Summary
Turnkey Restaurant & Bar Opportunity – Step into a flourishing business in historic downtown Mora! Kev’s Depot is a beloved local tavern operating with an impressive 20-beer tap setup, a full food menu featuring crowd-pleasing burgers, wraps, and sandwiches, and a dedicated customer base. Boasting a lively atmosphere and an experienced, friendly staff, this fully operational establishment offers immediate revenue and turnkey growth potential for its next owner. There is also a 50x90 Banquet Room that can accommodate large gatherings and has potential as an additional revenue source.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Building Size
9,300 SF
Building Class
C
Year Built
1962
Price
$600,000
Price Per SF
$64.52
Percent Leased
100%
Building Height
1 Story
Building FAR
0.74
Lot Size
0.29 AC
Opportunity Zone
Yes
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22.02705.00 | Improvements Assessment | $283,000 |
| Land Assessment | $54,800 | Total Assessment | $337,800 |
Property Taxes
Parcel Number
22.02705.00
Land Assessment
$54,800
Improvements Assessment
$283,000
Total Assessment
$337,800
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Contact the Sale Advisor
118 Railroad Ave NE