841 Frst E Ave Mora, MN 55051-4413
The Mora Business Center, a meticulously renovated two-story office building (5,200 total square feet) situated on a 2.16-acre lot, presents a unique opportunity for businesses seeking a professional and convenient workspace. Built in 1985 and completely renovated in 2022, this property boasts 12 individual suites, with 2,500 square feet currently available for lease. The building features high 20-foot ceilings and ample parking with 30 spaces. Conveniently located near the intersection of Barker Street and Highways 23 and 65, the center offers excellent signage opportunities and easy highway access. The interior features modern amenities including a reservable conference room, a shared kitchenette, and a copy/print area. Available office spaces range from 83 to 128 square feet, with monthly lease rates ranging from $600 to $850. The property is zoned for business/commercial use and is serviced by electric and gas utilities. This is an ideal location for businesses of all sizes looking for a modern, well-maintained, and easily accessible office space. The newly paved parking lot and updated exterior enhance the professional image of this impressive business center.
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.