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Restaurant with Basement
New
For Sale
$425,000

114 N Main St, Aurora, MN 55705

COMMERCIAL/INDUSTRIAL, Aurora, MN

Property SizeContact for details
Days on Market5

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

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Utilities

Heating system Natural Gas, Hot Water(Heating)

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: Oct 26 Changed: Oct 27 Last Checked: Oct 30 at 4:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This restaurant occupies a 2,250-square-foot main floor, with a 1,500-square-foot basement for storage. The lower level includes a walk-in cooler, a freezer, and shelving. A new furnace was installed in January 2026.

The business has served the Aurora community for 33 years. The building dates to 1953 and has C-1 zoning, wood-frame and concrete construction, a rubber roof, and natural gas hot-water heating.

Key Highlights

  • 2,250 sq ft main floor and 1,500 sq ft basement
  • Basement includes a walk‑in cooler, freezer, and supply shelving
  • New furnace installed January 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The lower level provides walk-in cold storage and shelving for restaurant supplies.
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 sq ft main floor and 1,500 sq ft basement; Basement includes a walk‑in cooler, freezer, and supply shelving; New furnace installed January 2026
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