For Sale: Aurora MLS# 6448750
Active
$600,000
Commercial: Business Opportunity
Built 1955
0.21 acres
Mesabi East schools
MLS# 6448750
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Property Description
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!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$600,000
Property Type:
Commercial
City:
Aurora
Garage Spaces:
0
County:
St. Louis
Year Built:
1955
State:
MN
Property Style:
Business Opportunity
Zip Code:
55705
Subdivision Name:
Aurora 1st Div
Interior
Ranges:
Two
Basement Details:
Partial
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
5,016 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
Paved
Unit Amenities:
Ceiling Fan(s)
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
Flat
Lot & Land
Acres:
0.21
Geolocation:
47.5283621807, -92.2371779565
Inclusions:
Building, Business, Inventory, Land
Lot Dimensions:
79 x 125 x 66 x 125
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
2711
District Phone:
218-229-3321
Expenses
Annual Insurance Expense:
$6,497
Annual Gross Expense:
$285,938
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,126
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,126
Income
Annual Gross Income:
$308,003
Rent
Annual Net Income:
$22,068
Units
Total Units:
1
Miscellaneous
Current Use:
- Restaurant
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.