103 Main Street N Aurora, MN $ 600,000
103 Main Street N
$ 600,000
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103 Main Street N

Aurora, MN, 55705
$ 600,000
Baths0.0 Sq 6,716

Monthly Estimate*

$ 3,988

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Studio

Commercial Property for sale in Aurora, MN

for $600,000. This 6,716 square foot building was built in 1955 on a lot size of 0.21.

An excellent opportunity to acquire a charming restaurant or retail property located in the heart of downtown Aurora, right on Main Street. This well-maintained building is currently home to The Hive Coffee & Bakehouse. It boasts a fully equipped commercial kitchen and a spacious dining/service area featuring large windows offering views of Main Street. Recently acquired liquor license brings in additional sales income. Situated on a corner lot with plenty of parking lot space available. This property is ready for you to put your unique touch on it and make your own!

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,126

Style

Business

Lot Size

0.21

Year Built

1955

Town/City

Aurora

County/Region

Saint Louis

MLS | Web ID

6448750

Features
General
Sewer City Sewer/Connected
Heating Baseboard Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1955
Topography Level
Levels One
Property SubType Business
Tax Year 2023
Current Use Restaurant Retail
Gross Income 308003
Accessibility Wheelchair Ramp(s)
County St. Louis
Net Operating Income 22068
Operating Expense 285938
Insurance Expense 6497
Property Type Commercial Sale
Contingency None
Subdivision Name Aurora 1st Div
Directions From Hwy 53 take the MN-37 exit towards Gilbert/Biwabik. Turn right onto MN-37. Turn right onto MN-135N. Continue onto CSAH 100. Turn right onto CSAH 100/N Main St. Building will be on the right.
City Aurora
Buyer Agent Compensation 2.70
High School District Mesabi East
Zoning Description Business/Commercial
Total Units 1
Street Name Main
Land Lease Y/N N
Tax Annual Amount 3126
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s)
Buyer Agent Compensation Type %
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Interior
Basement Partial
Basement (Y/N) Y
Street Suffix Street
Fuel Natural Gas
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Exterior
Parking Features Paved
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building Business Inventory Land
Lot Size Area 0.21
Building Area Total 6716
Lot Dimensions 79x125x66x125
Lot Size Units Acres
Foundation Area 5016
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

jason@walgrave.com

Email

Affordability Calculator

$4,248
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
$261
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708560 Elementary School
708516 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2023$600,000 Listed Price

Map


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103 Main Street N, Aurora, MN, 55705 is a Commercial Property for sale at $600,000 with 6,716 sqft and a lot size of 0.21. 103 Main Street N is a studio with 0.0 baths and was built in 1955. The property's zip code is 55705 which is in Aurora, MN