Auto Shop

Tower, MN Auto Shops for Sale

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Soudan, MN Cook, MN Embarrass, MN Virginia, MN Babbitt, MN Ely, MN Biwabik, MN Aurora, MN
Auto Repair Shop with Towing Fleet
Updated: Sep 14
Auto Repair Shop with Towing Fleet

306 Main St, Tower, MN 55790

$499,900
Full‑service auto repair garage with established towing operation
Shop tools and towing fleet included with the sale
Located at 306 Main St, Tower, MN 55790‑0000
Commercial zoning supports the existing automotive use
1956 building with wood‑frame construction
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Full-Service Auto Shop
Updated: Sep 14
Full-Service Auto Shop

306 Main St, Tower, MN 55790

$499,900
4,472 sqft
4,472‑square‑foot auto shop
Full‑service mechanical repair operation
Established towing business included
Shop tools and equipment convey with the sale
Towing fleet included
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2 active listings match your search: Auto Shop for sale in Tower, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Auto Shop with 7 Service Bays
Auto Shop with 7 Service Bays

6950 Highway 169, Virginia, MN 55792

$389,000
10,620 sqft

The shop combines repair infrastructure with separate customer reception, office, and storage areas.

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4-Bay Auto Repair Shop
4-Bay Auto Repair Shop

111 Vermilion Dr E, Cook, MN 55723

$529,000
3,048 sqft

The sale includes an operating tire and repair business, equipment, tools, and dedicated customer service areas.

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Turnkey Auto Shop with Lifts
Turnkey Auto Shop with Lifts

111 Vermilion Dr E, Cook, MN 55723

$529,000

Operating automotive business with repair bays, customer areas, equipment, and a sizable parking area.

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Flex Space with Seven Service Bays
Flex Space with Seven Service Bays

6950 Hwy 169, Virginia, MN 55792

$389,000

Steel-frame commercial facility with shop infrastructure, office support space, and a detached truck-wash building.

View details

Tower, MN Auto Shops Market Trends and Statistics

Explore 2 auto shops for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 4,472 square feet of properties for sale, with an estimated market value of $999,800.

Sale prices for auto repair shops in Tower, MN average $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 2
Gas stations 1

Demographics Overview

Population 1,933
Population Growth (5Y) -3.5%
Median Household Income $74,732
College Educated 46.0%

High-Yield Neighborhoods for Investment

Identify Tower submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55790 $499.9K

Taxes & Financing

Tax Rate (average for all types) 2.45%
Property Tax per SF $30.81 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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