Tower, MN Commercial Real Estate for Sale

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Soudan, MN Ely, MN Embarrass, MN Cook, MN Virginia, MN Orr, MN Babbitt, MN Biwabik, MN
6 properties
Mixed-Use Property With Living Quarters
Updated: Jul 11
Mixed-Use Property With Living Quarters

507 Main Street, Tower, MN 55790

$144,000
Two‑level mixed‑use building with commercial space and residential quarters
Main floor features open‑plan office space and large windows
Upper level includes 3 bedrooms, 1 bath, and a kitchenette
Two‑stall garage included
Zoned COM
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Nordic-Style Home Goods Boutique
Updated: Jul 1
Nordic-Style Home Goods Boutique

303 Main Street, Tower, MN 55790

$250,000
Wood‑frame retail storefront
Zoned COMM
Forced‑air propane heating with central air
Asphalt shingle roof
Built in 1930
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RV Resort Waterfront Lot
RV Resort Waterfront Lot

TBD 5 Lake Ave S, Tower, MN 55790

$49,900
0.05 AC lot

Waterfront RV lot with boat slip access to Lake Vermillion and on-site city sewer, water, and 50-amp power.

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Live-Work Building with Office
Live-Work Building with Office

507 Main St, Tower, MN 55790

$144,000
1,512 sqft

Downtown live-work building with main-floor office/retail space, large windows, and a 3-bedroom residence above.

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Land Near Lake Vermilion
Land Near Lake Vermilion

6501 Highway 169, Tower, MN 55790

$39,950
9.10 AC lot

Vacant lot near Lake Vermilion with recreational opportunities.

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Historic Mixed-Use Building
Historic Mixed-Use Building

601 Main St, Tower, MN 55790

$339,900

Two commercial suites and three upper-level apartments occupy a flexible building with storage, basement, garage, and shop space.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Seven-Bay Auto Shop
Seven-Bay Auto Shop

6950 Highway 169, Virginia, MN 55792

$399,000
10,620 sqft

High-capacity commercial facility with service infrastructure, administrative space, and a separate truck wash building.

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Historic Bed & Breakfast with Private Baths
Historic Bed & Breakfast with Private Baths

30 Center St., Soudan, MN 55782

$845,000

Guest rooms, dual kitchens, and spacious gathering areas support hospitality operations.

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Church Building with Sanctuary and Choir Loft
Church Building with Sanctuary and Choir Loft

32 Church Street, Soudan, MN 55782

$150,000

Well-maintained church property zoned RES12 with sanctuary, classrooms, offices, and a full lower level.

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Multi-Use Highway Frontage Industrial Property
Multi-Use Highway Frontage Industrial Property

6938 Highway 169, Virginia, MN 55792

Contact for pricing
50.00 AC lot

Expansive property with nearly 50 acres and over 1,500 feet of Highway 169 frontage, plus multiple service buildings.

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Off-Market Properties in Tower, MN

Consider similar Off-Market properties in Tower, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5705 Lk Ave
COMMERCIAL (GENERAL)

5705 Lk Ave, Tower, MN 55790

Value Estimation by Request
View details
Tower, MN 55790
COMMERCIAL (GENERAL)

Tower, MN 55790

Value Estimation by Request
View details
6164 Hwy 115
MANUFACTURING (LIGHT)

6164 Hwy 115, Tower, MN 55790

$235,000
Estimated value
1,200 sqft
View details
1746 Everett Bay Rd
INDUSTRIAL - VACANT LAND

1746 Everett Bay Rd, Tower, MN 55790-8154

$250,000
Estimated value
8.94 AC lot
View details
Tower, MN 55790
INDUSTRIAL - VACANT LAND

Tower, MN 55790

$55,000
Estimated value
25.79 AC lot
View details
4141 County Rd 77
MANUFACTURING (LIGHT)

4141 County Rd 77, Tower, MN 55790-8133

$565,000
Estimated value
500 sqft 6.07 AC lot
View details
Tower, MN 55790
INDUSTRIAL - VACANT LAND

Tower, MN 55790

$160,000
Estimated value
39.08 AC lot
View details
3168 County Rd 77
INDUSTRIAL - VACANT LAND

3168 County Rd 77, Tower, MN 55790-8171

$250,000
Estimated value
40.00 AC lot
View details
Tower, MN 55790
COMMERCIAL (GENERAL)

Tower, MN 55790

$55,000
Estimated value
1,365 sqft
View details
305 Main St
COMMERCIAL (GENERAL)

305 Main St, Tower, MN 55790-5106

$155,000
Estimated value
3,136 sqft
View details
4655 Moccasin Pt Rd
COMMERCIAL (GENERAL)

4655 Moccasin Pt Rd, Tower, MN 55790-8175

$260,000
Estimated value
900 sqft
View details
Tower, MN 55790
INDUSTRIAL - VACANT LAND

Tower, MN 55790

$260,000
Estimated value
3.27 AC lot
View details
Tower, MN 55790
COMMERCIAL (GENERAL)

Tower, MN 55790

$215,000
Estimated value
4,800 sqft 40.00 AC lot
View details
Tower, MN 55790
VACANT COMMERCIAL LAND

Tower, MN 55790

$55,000
Estimated value
0.01 AC lot
View details
Tower, MN 55790
COMMERCIAL (GENERAL)

Tower, MN 55790

$95,000
Estimated value
View details
508 Main St
COMMERCIAL (GENERAL)

508 Main St, Tower, MN 55790-5003

$270,000
Estimated value
2,356 sqft
View details
1820 Everett Bay Rd
HOTEL-RESORT

1820 Everett Bay Rd, Tower, MN 55790-8154

$330,000
Estimated value
2,380 sqft 5.19 AC lot
View details
1820 Everett Bay Rd
HOTEL-RESORT

1820 Everett Bay Rd, Tower, MN 55790-8154

$75,000
Estimated value
480 sqft
View details

Tower, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Tower, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,512 square feet of properties for sale, with an estimated market value of $967,750.

Sale prices for business properties in Tower, MN start at $39,950, averaging $161,291, and reaching up to $339,900 — 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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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 $126.6K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

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