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Turn-Key Family Restaurant
For Sale
$425,000

114 N Main Street, Aurora, MN 55705

Turn-key restaurant includes main dining space and a basement with a walk-in cooler and freezer for storage.

Property Size2,250 SF
Price / SF$188.89
Days on Market232

Property Features for 114 N Main Street

General Information

Standard status Active
Size 2,250 SF
Property subtype Commercial

Building Details

Year Built 1953
Listing Agency: Vermilion Land Office, Inc.
Listed By: Sheila Bratley · License #40678735
Source: Juverealestate
Added: Dec 10, 2025 Changed: Jul 22 Last Checked: Jul 30 at 11:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vermilion Land Office, Inc.

Investment Insights

Based on property information with market context.

Megan’s is a turn-key family restaurant with established operating history of 33 years. The property includes main-floor dining space with ample seating, supported by a 1,500-square-foot basement configured for back-of-house needs. The basement features a walk-in cooler and freezer, along with shelving for supplies.

Located at 114 N Main Street in Aurora, the restaurant is described as a long-standing community gathering spot and is known for comfort food and breakfast/lunch offerings.

The sale includes a total building area of 2,250 square feet on the main floor, plus the 1,500-square-foot basement with cold storage and supply shelving, providing a straightforward layout for day-to-day restaurant operations.

Key Highlights

  • Turn‑key restaurant includes 2,250 sq ft main floor dining space
  • 1500 sq ft basement with walk‑in cooler and freezer
  • Basement also includes shelving for supplies

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.

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
10k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Holiday Station Store Shops & Services
5,516 visits/mo 0.4 miles
Dollar General Shops & Services
4,586 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant includes main dining space and a basement with a walk-in cooler and freezer for storage.
Where is this conventional restaurant located?
The property is located at 114 N Main Street 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: Turn‑key restaurant includes 2,250 sq ft main floor dining space; 1500 sq ft basement with walk‑in cooler and freezer; Basement also includes shelving for supplies
More about this property
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