1895 FRONTAGE RD

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1895 FRONTAGE RD

MORA, MN 55051-7133
Asking Price
$625K
Asset Type
Traditional Office Office
Class
Class B

What's Special

Industrial property on 2.33 acres with frontage on Highway 65 in Mora currently zoned I-1 Limited I <p> This property is currently zoned I-1 Limited Industrial with the B-2 General Business zone directly adjacent to this property. Please contact Kirsten Faurie, Community Development Director, City of Mora at 320.225.4807 to inquire about permitted uses, what uses require a CUP, rezoning, etc</p>

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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092

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