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Downtown Mora Professional Services Building
For Sale
$140,000

221 Union S Street, Mora, MN 55051

Income-producing commercial building in downtown Mora, Minnesota.

Property Size2,560 SF
Lot Size0.10 Acres
Price / SF$54.69
Days on Market766

Property Features for 221 Union S Street

General Information

Standard status Active
Size 2,560 SF
Lot size 0.10 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1950
Listing Agency: RE/MAX Select, Inc.
Listed By: Lonnie S. Ness · License #RA-20419206
Source: Exitrealty
Added: Jun 27, 2024 Changed: Jul 6 Last Checked: Jul 31 at 6:05AM

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 Select, Inc.

Investment Insights

Based on property information with market context.

This income-producing professional services building is located in downtown Mora. The property is currently occupied by tenants including a tax accountant, lawyer, and physical therapy practice. The building features display windows in the front unit, which is currently available for rent. The property includes seven parking spaces on the west side of the building and one parking space on the east side, with additional parking available on Main Street. The building has been well-maintained, with tenants reporting satisfaction with the location and work atmosphere. The property is situated next to a movie theater, bakery, and insurance company. The building size is 2560 square feet.

Key Highlights

  • Income‑producing property with existing tenants (tax accountant, lawyer, physical therapy).
  • Prime downtown Mora location.
  • Front unit available for rent, offering immediate income potential.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Barber Shop Computer & Electronic Repair Butcher

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

144
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Income-producing commercial building in downtown Mora, Minnesota.
Where is this office building located?
The property is located at 221 Union S Street Mora, MN.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Income‑producing property with existing tenants (tax accountant, lawyer, physical therapy).; Prime downtown Mora location.; Front unit available for rent, offering immediate income potential.
More about this property
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