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    Tower, MN
    Automotive

    Tower, MN Automotive Properties for Sale

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    Soudan, MN Cook, MN Embarrass, MN Virginia, MN Orr, MN Babbitt, MN Ely, MN Biwabik, 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
    View details
    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
    View details
    See hot listings in Tower

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Automotive Property on Corner Lot
    Automotive Property on Corner Lot

    10 S Highway 53, Cook, MN 55723

    $349,000
    11,376 sqft

    Former dealership facility with city water and sewer on a corner lot along Highway 53.

    View details
    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.

    View details
    Automatic Self-Service Car Wash
    Automatic Self-Service Car Wash

    4019 E 12th Ave, Hibbing, MN 55746

    $850,000

    Concrete-built wash facility with a pet wash station and outdoor vacuum equipment.

    View details
    Brick Flex Building
    Brick Flex Building

    620 E Howard Street, Hibbing, MN 55746

    Contact for pricing
    16,559 sqft

    Brick commercial property combines garage areas with office space and an upstairs area.

    View details

    Tower, MN Automotive Properties Market Trends and Statistics

    Explore 2 automotive properties 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 automotive businesses 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%

    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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