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Restaurant with Main Floor and Basement
For Sale
$425,000

114 N Main St, Aurora, MN 55705

COMMERCIAL - Aurora, MN

Property Size2,250 SF
Price / SF$188.89
Days on Market160

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
Listed By: Sheila Bratley · License #40678735
Added: Mar 18 Changed: Aug 4 Last Checked: Aug 24 at 10:06PM
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.

This conventional restaurant property includes a 2,250 SF main floor designed for dining, along with a 1,500 SF basement for additional storage and support space. The basement features a walk-in cooler and freezer plus shelving for supplies. The building is heated with natural gas hot water heating, and the roof is rubber. Constructed with wood frame and concrete elements, the property was built in 1953.

The restaurant is zoned C-1 and is located at 114 N Main St in Aurora, Minnesota. The current operator has owned and operated the restaurant for 33 years.

Recent building updates include a new furnace installed in January 2026, supporting day-to-day operations for the established dining concept.

Key Highlights

  • 2,250 SF main floor designed for dining
  • 1,500 SF basement with walk‑in cooler and freezer
  • C‑1 zoning

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Electrical Service Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with 2,250 SF main floor and 1,500 SF basement featuring a walk-in cooler and freezer, zoned C-1.
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: 2,250 SF main floor designed for dining; 1,500 SF basement with walk‑in cooler and freezer; C‑1 zoning
More about this property
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