39 Union StMora, MN 55051

  • Commercial real estate
  • 5,162 SF
For Sale
$1,299,000 View listing

Property Details for 39 Union St

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 AC
Property size (Sq ft)
5,162 SF
Property type
Commercial real estate
APN
22.03160.00
APU
220316000

Description

This exceptional turn-key business opportunity presents a well-established restaurant and bar located in the vibrant heart of downtown Mora, Minnesota. The property boasts a generous 5,278 square feet of space situated on a 0.19-acre lot, providing ample room for both dining and entertainment. The current operation features a diverse and popular menu, including home-cooked meals, Broaster chicken, and traditional bar favorites, catering to a wide range of customer preferences. The spacious layout comfortably accommodates live entertainment, creating a dynamic atmosphere for patrons. A dedicated area is also available for private meetings or gatherings, adding versatility to the venue's functionality. This thriving business benefits from its prime location in a high-traffic area, ensuring consistent customer flow. The asking price is $1,299,000. Detailed information regarding recent property updates is available upon request. This is a rare opportunity to acquire a profitable and well-regarded establishment with significant growth potential in a desirable Minnesota community. The property is being sold as a complete business, including all existing equipment and fixtures. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,086,309
    Hospitality
    $995,053
    Educational
    $827,873
    Medical
    $856,345
    Retail
    $1,287,802

Location Insight

City
Mora
County
Kanabec
State
Minnesota
Latitude
45.8774
Longitude
-93.2975

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,182
$28,200
$217,300
$245,500
-
$28,200
$217,300
$245,500

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