Mixed-Use Building with Attached
New
For Sale
$375,000
602 Main St, Tower, MN 55790
Multi-level commercial property with leased ground-floor bar and liquor store space, city offices, storage, and additional parking land.
Property Size4,460 SF
Price / SF$84.08
Days on Market4
Property Features for 602 Main St
General Information
Standard status
Active
Size
4,460 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
storage
garage
off-street parking
Building Details
Year Built
1939
Tenancy
Multi
Owner Occupied
Yes
Abandoned
No
Listing Agency:
Vermilion Land Office, Inc.
(218) 780-1071
Listed By:
Sherry Anderson · License #40026207
Source:
Chrisfritchteam
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 28 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vermilion Land Office, Inc.
Investment Insights
Based on property information with market context.
Built in 1939, this mixed-use commercial building includes an income-producing main level occupied by a bar and liquor store. The upper floor is used for city offices, while the basement provides storage space. An attached 35-by-48-foot garage accommodates vehicles and equipment, and a separate city lot adds off-street parking.
The property is located at 602 Main St in Tower, Minnesota, along a state highway described as serving substantial visitor traffic toward the Boundary Waters Canoe Area Wilderness. Potential future configurations identified for the property include restaurant, theater, apartment, condominium, retail, or office use, subject to local zoning and approval.
The property is located at 602 Main St in Tower, Minnesota, along a state highway described as serving substantial visitor traffic toward the Boundary Waters Canoe Area Wilderness. Potential future configurations identified for the property include restaurant, theater, apartment, condominium, retail, or office use, subject to local zoning and approval.
Key Highlights
- Main level leased to a bar and liquor store
- Upper floor currently used for city offices
- Attached 35x48 garage for vehicles and equipment
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 55790, MN
1,876
Population
2,390
Households
0.8
Avg Household Size
57
Median Age
34%
College-Educated
97%
High-School Grad
143.6 sq mi
ZIP Area
13
Density / Sq Mi
$74,732
Median Household Income
$43,456
Median Earnings
$630
Median Rent
$297,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level commercial property with leased ground-floor bar and liquor store space, city offices, storage, and additional parking land.
Where is this mixed-use property located?
The property is located at 602 Main St Tower, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Main level leased to a bar and liquor store; Upper floor currently used for city offices; Attached 35x48 garage for vehicles and equipment
