Entity Owned Property summary
This exceptional 0.07-acre property at 107 N Main St, Aurora, MN, presents a unique blend of commercial and residential space. The ground floor boasts a versatile commercial area with high street visibility, perfect for a variety of businesses seeking a dynamic downtown location. Its prime position ensures excellent foot traffic and community engagement, offering significant potential for growth and profitability. Upstairs, a spacious three-bedroom apartment provides a substantial residential component. This area requires some renovation, presenting a fantastic opportunity for value-add improvements and the generation of rental income. The flexible layout allows for creative adaptation to suit diverse business and living needs, making it an ideal live-work solution. The property's location in the heart of Aurora offers easy access to local amenities and services. This is a rare chance to acquire a property with significant upside potential, combining commercial viability with residential comfort. The asking price is $55,000. This represents a compelling investment for those seeking a hands-on project with the potential for substantial returns. The property's strong location and adaptable design make it a standout opportunity in the Aurora market. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Financial Advisor Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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