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Restaurant and Bar with Banquet Room
For Sale
$600,000

118 Railroad Avenue NE, Mora, MN 55051

Commercial Sale, Mora, MN

Property SizeContact for details
Lot Size0.29 Acres
Days on Market28

Property Features for 118 Railroad Avenue NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Covered, Parking Lot
Exterior features Block
Subdivision Original Town Of Mora
High school district Mora
Directions Just off North Union (Main Street)
Standard status Active
APN 220270500
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9590

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

Banquet Room

Building Details

Year built 1962
Roof type Flat
Listing Agency: RE/MAX Results - Nisswa · RE/MAX International
Listed By: Robert Schmidt
Added: Jul 31 Changed: Aug 27 Last Checked: Aug 27 at 1:06PM
MLS# 7116361

Copyright © 2026 Northstar MLS. 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 restaurant and bar property at 118 Railroad Avenue NE in Mora includes a 50-by-90-foot banquet room designed for large gatherings. The business offers a 20-beer tap setup along with a food menu that includes burgers, wraps, and sandwiches. The property includes covered parking and a parking lot, providing multiple on-site parking options.

Built in 1962, the building has block exterior construction, a flat roof, forced-air heating, and central air conditioning. The parcel contains 0.287 acres in Mora, Minnesota, within Kanabec County. The combination of dining, bar, and banquet areas supports several hospitality functions within one commercial property.

Key Highlights

  • 50‑by‑90‑foot banquet room for large gatherings
  • 20‑beer tap setup
  • Food menu includes burgers, wraps, and sandwiches

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Grocery & Convenience Store HVAC Service Storage Facility

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

545
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55051, MN

9,858
Population
4,667
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
217.7 sq mi
ZIP Area
45
Density / Sq Mi
$71,232
Median Household Income
$40,163
Median Earnings
$970
Median Rent
$220,000
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
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Similar Off Market Nearby

  • Freddie's Family Restaurant 810 MN-65, Mora, MN 55051
  • 125 Tavern 125 Railroad Ave SW, Mora, MN 55051
  • Kev's Depot 118 Railroad Ave NE, Mora, MN 55051
  • The WoodShed Mora, MN 55051

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating hospitality property with beverage service, food offerings, and a separate gathering space for large events.
Where is this bar & pub located?
The property is located at 118 Railroad Avenue NE Mora, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 50‑by‑90‑foot banquet room for large gatherings; 20‑beer tap setup; Food menu includes burgers, wraps, and sandwiches
More about this property
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