103 Main N St, Aurora, MN 55705-1343
This exceptional 6,716 sq ft commercial property, located at 103 Main Street North in Aurora, Minnesota, presents a unique investment opportunity. Currently operating as The Hive Coffee & Bakehouse, this well-maintained building offers a fully equipped commercial kitchen, a spacious dining/service area with large street-facing windows, and ample parking on its 0.21-acre corner lot. The property's prime downtown location ensures high visibility and foot traffic. A recently acquired liquor license adds a significant revenue stream. The building's versatile layout makes it suitable for a variety of uses, from a restaurant or cafГ© to a retail establishment. The asking price is $600,000. This is a rare chance to own a thriving business or establish a new venture in a vibrant community. The property's strong existing business and prime location make it an attractive investment with significant potential for growth and return. The spacious interior and ample parking provide a comfortable and convenient experience for customers. The inclusion of a liquor license enhances the property's profitability and appeal to potential buyers. This turnkey operation is ready for a new owner to step in and continue its success or to adapt it to their own vision. Don't miss this chance to own a piece of Aurora's thriving downtown.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.