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$600,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 12,500 Acres
  • Updated 1 day ago
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Turnkey Restaurant & Bar Opportunity - Step into a flourishing business in historic downtown Mora! Kev's Depot is a beloved local tavern operating with an impressive 20-beer tap setup, a full food menu featuring crowd-pleasing burgers, wraps, and sandwiches, and a dedicated customer base. Boasting a lively atmosphere and an experienced, friendly staff, this fully operational establishment offers immediate revenue and turnkey growth potential for its next owner. There is also a 50x90 Banquet Room that can accommodate large gatherings and has potential as an additional revenue

Full Property Details for 118 Railroad Ave NE

General

  • Price: $600,000
  • Taxes: $9,590 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7116361
  • Updated: 7/31/2026
  • Added to Site: 2 day(s) ago

Additional Information

  • Amenities: Porch

Parking

  • Parking Features: Parking Lot, Paved Lot, Open

Location

  • County: Kanabec
  • Township: Mora
  • Subdivision: Original Town Of Mora
  • Driving Directions: Just off North Union (Main Street)

School Information

  • School District: 332 - Mora
  • High School District: Mora

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 9300
  • Roof: Flat
  • Disability Access: Grab Bars In Bathroom, No Stairs Internal
  • Current Bldg. Use: Event Space, Food Service, Bar/Tavern
  • Year Built: 1962

Lot Features

  • Lot Size (Acres): 12,500
  • Lot Dimensions: 100 x 150 x 50 x 50 x 50 x 100
  • Frontage: City Street, Paved Streets, Sidewalks
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $9,590
  • Tax Year: 2025
  • Terms: Conventional, Cash, Other
  • Owner Pays: All Utilities

Disclosures and Reports

  • Legal Description: W 50' LOT 4 BLK 4 & W 100' OF LOTS 5 & 6 BLK 4; INCL & SUBJ TO EASEMENTS DESC WITH FULL LEGALS ON DOC #222830
  • Inclusions: Building, Business Assets, Business, Fixture/Equipment, Land
  • Property ID: 220270500

Listed by RE/MAX Results - Nisswa

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— 118 Railroad Ave NE —

  • RE/MAX Results - Nisswa

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 118 Railroad Ave NE

School District:Mora Public School District
NameGradesDistance
Fairview Elementary School
707 McLean Street, Mora, MN 55051
K-20.6 mi
Trailview Elementary School
200 North 9th Street, Mora, MN 55051
3-60.7 mi
Mora Secondary
400 East Maple Avenue, Mora, MN 55051
7-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 Railroad Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$600,000
122.22%
MLS
11/04/2016
Sold
$270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 Railroad Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,356
-2%
$337,800
13%
2025
$9,590
14%
$299,900
—
2023
$8,420
—
$299,200
7%
2023
$8,420
-3%
$278,500
3%
2023
$8,708
-10%
$269,600
1%
2020
$9,672
—
$268,200
-6%
2019
$9,672
-14%
$286,100
-10%
2018
$11,220
8%
$316,500
11%
2018
$10,350
-11%
$285,100
-8%
2015
$11,627
—
$309,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Results - Nisswa

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118 Railroad Avenue NE, Mora, MN 55051 (MLS# 7116361) is a Commercial property. 118 Railroad Avenue NE is currently listed for $600,000 and was received on July 31, 2026. Want to learn more about 118 Railroad Avenue NE? Do you have questions about finding other Commercial real estate for sale in Mora? You can browse all Mora real estate or contact a Coldwell Banker agent to request more information.

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