Northern Lights Realty

MLS# 7082202 - 514 Main Street E New Prague, MN 56071

Mora, Minnesota
320-225-2600 | Call or Text

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Great investment property. Recently refurbished, 7 units total, include one 3-bedroom, five 1-bedrooms and a studio. Large 2 stall detached garage/workshop w/11 storage units available. All units currently under leases-cash flow is positive. Zoned High-Density Residential (RH1). Good for townhouses and apartments. Conditional use nursing home/assisted living facility. Property is located on high visibility parcel on the main east/west thoroughfare through New Prague. Site provides plenty of parking and has New Prague Park in its back yard.

Metro Group Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Northern Lights Realty, LLC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Northern Lights Realty, LLC, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/28/2026 4:51:00 PM.

Great investment property. Recently refurbished, 7 units total, include one 3-bedroom, five 1-bedrooms and a studio. Large 2 stall detached garage/workshop w/11 storage units available. All units currently under leases-cash flow is positive. Zoned High-Density Residential (RH1). Good for townhouses and apartments. Conditional use nursing home/assisted living facility. Property is located on high visibility parcel on the main east/west thoroughfare through New Prague. Site provides plenty of parking and has New Prague Park in its back yard.

Metro Group Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Northern Lights Realty, LLC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Northern Lights Realty, LLC, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/28/2026 4:51:00 PM.