Established Restaurant with
For Sale
$425,000
114 N Main St, Aurora, MN 55705
COMMERCIAL/INDUSTRIAL, Aurora, MN
Property SizeContact for details
Days on Market195
Property Features for 114 N Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Lot features
Downtown Area
Subdivision
Aurora/Hoyt Lakes/Biwabik
Standard status
Active
Utilities
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1953
Building materials
Wood Frame, Concrete
Roof type
Rubber
Listing Agency:
Vermilion Land Office Inc
(218) 753-8985
Listed By:
Sheila Bratley · License #40678735
(218) 290-1654
Added: Mar 18
Changed: Sep 14
Last Checked: Sep 28 at 7:06AM
MLS# 149381
Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Megan’s is an established restaurant business serving Aurora for 33 years, with breakfast and lunch offerings and a customer-facing dining area. The main floor contains 2,250 square feet with seating, while the 1,500-square-foot basement provides a walk-in cooler, freezer, and shelving for supplies.
Located at 114 N Main St in downtown Aurora, the property is zoned C-1. The building was constructed in 1953 with wood-frame and concrete components and has a rubber roof. Heating is provided by a hot-water system using natural gas, and the furnace was replaced in January 2026. The sale presents an operating restaurant property with established business history and supporting storage infrastructure.
Located at 114 N Main St in downtown Aurora, the property is zoned C-1. The building was constructed in 1953 with wood-frame and concrete components and has a rubber roof. Heating is provided by a hot-water system using natural gas, and the furnace was replaced in January 2026. The sale presents an operating restaurant property with established business history and supporting storage infrastructure.
Key Highlights
- Operating restaurant business with 33 years of history
- 2,250‑square‑foot main floor with restaurant seating
- 1,500‑square‑foot basement with walk‑in cooler and freezer
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Bradach Lumber & Fuel Inc
Home Improvements & Furnishings
1,074 visits/mo
0.4 miles
Demographics for 55705, MN
3,226
Population
1,891
Households
1.7
Avg Household Size
50
Median Age
17%
College-Educated
91%
High-School Grad
83.4 sq mi
ZIP Area
39
Density / Sq Mi
$54,047
Median Household Income
$43,536
Median Earnings
$471
Median Rent
$124,600
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Downtown Aurora restaurant with seating, storage, and walk-in cooling equipment.
Where is this conventional restaurant located?
The property is located at 114 N Main St Aurora, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Operating restaurant business with 33 years of history; 2,250‑square‑foot main floor with restaurant seating; 1,500‑square‑foot basement with walk‑in cooler and freezer
