Live - Work Space

Tower, MN Live-work Space for Sale

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Live-Work Building with Office
Updated: Jul 16
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 and a 3‑bedroom residence above
Main floor features a spacious open office area with large windows for natural light and visibility
Upper level includes 3 bedrooms, 1 bathroom, and a kitchenette
Includes a bonus 2‑stall garage
Commercial space is located just off a busy main street/Hwy with high traffic flow
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Mixed-Use Property with Parking
Mixed-Use Property with Parking

1132 E 9th St, Duluth, MN 55805

$350,000
1,891 sqft

Flexible layout combines commercial space with residential accommodations near downtown and public transportation.

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Lakefront Mixed-Use Property
Lakefront Mixed-Use Property

90 Maple Ave E, Mora, MN 55051

$314,000
2,464 sqft

B-1-zoned property combines a main-level business area with an upper-level apartment.

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Remodeled Live-Work Building
Remodeled Live-Work Building

15 W Redwing St, Duluth, MN 55803

$348,000
2,080 sqft

Completely remodeled building with office space and a rented one-bedroom apartment, plus off-street parking.

View details
Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

90 Maple Avenue E, Mora, MN 55051

$314,000
0.45 AC lot

A ground-floor business area and separate upstairs residence create an on-site live-work configuration.

View details

Tower, MN Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Tower, MN 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 $144,000.

Sale prices for live-work properties in Tower, MN average $144,000 — 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

Office buildings 2
Office Units 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 $144K

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

Office

Residential Income

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