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Restaurant with Banquet Room
For Sale
$600,000

118 Railroad Ave Ne, Mora, MN 55051

Operating restaurant and bar with a full food menu, 20 beer taps, and a separate event space.

Property SizeContact for details
Days on Market21

Property Features for 118 Railroad Ave Ne

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $9,590
Listing Agency: RE/MAX Results - Nisswa
Listed By: Robert Schmidt
Source: Exprealty
Added: Jul 31 Changed: Aug 17 Last Checked: Aug 19 at 10:25AM

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 RE/MAX Results - Nisswa

Investment Insights

Based on property information with market context.

This operating restaurant and bar includes a full food menu centered on burgers, wraps, and sandwiches, along with a 20-tap beer setup. The business is staffed by an experienced team and serves as a functioning hospitality operation in downtown Mora.

A separate 50-by-90-foot banquet room provides space for large gatherings and adds another functional component to the property. The restaurant, bar, and event area are presented together as an established business operation.

Key Highlights

  • 20‑beer tap setup
  • Full menu featuring burgers, wraps, and sandwiches
  • Separate 50x90 banquet room for large gatherings

Property Analytics

Current Use

Conventional restaurants

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.

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
Under-served
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant and bar with a full food menu, 20 beer taps, and a separate event space.
Where is this conventional restaurant located?
The property is located at 118 Railroad Ave 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: 20‑beer tap setup; Full menu featuring burgers, wraps, and sandwiches; Separate 50x90 banquet room for large gatherings
More about this property
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