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S Union St - Downtown Commercial Corner

0.25 Acres of Commercial Land Offered at $1.42 CAD in Mora, MN 55051

Commercial Land Minnesota Mora S Union St, Mora, MN 55051

Investment Highlights

  • Heavy foot traffic area
  • Downtown location

Executive Summary

The City of Mora is the owner of the site which it acquired in early 2008 as a potential site for a new public library. In May 2008 the city contracted to have the then existing feed mill razed (including the foundation) and the excavation backfilled. Subsequently the city’s plans changed regarding the library and the council decided to request proposals for the sale and development of the property.
The redevelopment site is located downtown on the southwest corner of the intersection of Union Street and Forest Avenue. The site is located on the same block as a senior apartment building, a bakery, a small office building, and a movie theater. The site is level and located in the city’s B-1 Central Business District. The redevelopment site is served by public utilities, including water, sanitary sewer, electricity, and natural gas.

Attachments

RFP for Downtown Commercial Corner

Property Facts

Price $1.42 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Apartment Units
No. Lots 1 Total Lot Size 0.25 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1.42 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.25 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $1 CAD Lot Size 0.25 AC
Price Per AC $6 CAD
Price $1 CAD
Price Per AC $6 CAD
Lot Size 0.25 AC

Vacant parcel at prime downtown location, corner of Union Street and Forest Avenue. Ideal site for commercial or mixed use development. Property required proposal submitted to the city, upon approval a sale price will be settled on.

Links

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PROPERTY TAXES

Parcel Number 22.01570.00 Improvements Assessment $0 CAD
Land Assessment $35,153 CAD Total Assessment $35,153 CAD

PROPERTY TAXES

Parcel Number
22.01570.00
Land Assessment
$35,153 CAD
Improvements Assessment
$0 CAD
Total Assessment
$35,153 CAD

zoning

Zoning Code B1- Central Business Dist
B1- Central Business Dist
(320) 225-4807

Contact

  • Kirsten Faurie
    Kirsten Faurie
  • City of Mora

  • Listing ID: 34135463

  • Date on Market: 2024-12-09

  • Last Updated:

  • Address: S Union St, Mora, MN 55051

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S Union St, Mora, MN for sale Building Photo- Image 1 of 2
Downtown Commercial Corner y2Rat1P7~

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S Union St - Downtown Commercial Corner
(320) 225-4807 x

S Union St - Downtown Commercial Corner

Kirsten Faurie

(320) 225-4807

(320) 225-4807

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