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Diner with Adjacent Bait Shop
For Sale
$897,500

67 Highway 65 N, Mora, MN 55051

Commercial Sale, Mora, MN

Property SizeContact for details
Lot Size1.48 Acres
Days on Market345

Property Features for 67 Highway 65 N

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Window features Aluminum Frames, Wood Frames, Insulated Windows
Appliances Cooktop, Dishwasher, Disposal, Exhaust Fan/Hood, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
Subdivision Kents Add
Lot features Corner Lot, Irregular Lot
High school district Mora
Directions The restaurant/bait shop is located one long block past the intersection of Highway 65 and Highway 23 in Mora on the west side of the highway.
Standard status Active
APN 220436500
Lot size 1.48 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1960
Building materials Block
Roof type Composition, Flat
Listing Agency: Real Estate Masters, Ltd.
Listed By: Rus Saboe
Added: Nov 1, 2025 Changed: Oct 8 Last Checked: Oct 11 at 5:06PM
MLS# 6811975

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 diner and bait shop property comprises six parcels totaling 1.48 acres. The cafe has ample seating, and a parking lot serves the site. The bait shop is located just steps from the restaurant. The businesses have served the area for more than 70 years.

Built in 1960, the block-constructed building has forced-air heat, central air conditioning, and a well water source. The kitchen includes a cooktop, range, refrigerator, freezer, dishwasher, disposal, microwave, and exhaust hood. Roofing consists of composition and flat sections.

The property is on Highway 65, with access to and from the highway. The offering includes the land and buildings associated with the cafe and bait shop.

Key Highlights

  • Six parcels totaling 1.48 acres
  • Diner and bait shop located steps apart
  • Built in 1960; block construction

Property Analytics

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Current Use

Breakfast & diners

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Electrical Service HVAC Service

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

549
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
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Breakfast & diner - The restaurant property combines dining space with a separate bait shop and on-site parking.
Where is this breakfast & diner located?
The property is located at 67 Highway 65 N Mora, MN.
What is the asking price?
The asking price for this property is $897,500.
What are key features of this property?
This property features: Six parcels totaling 1.48 acres; Diner and bait shop located steps apart; Built in 1960; block construction
More about this property
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