Mixed-Use

Tower, MN Mixed-use Properties for Sale

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Mixed-Use Property with Attached Garage
Updated: Aug 21
Mixed-Use Property with Attached Garage

602 Main Street, Tower, MN 55790

$290,000
Main floor leased to a bar and liquor store
Upper level currently used for City office space
Attached 35x48 garage for vehicles and equipment
Additional city lot provides off‑street parking
Built in 1939 with wood‑frame construction
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1 active listing matches your search: Mixed-Use 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.

Commercial Land with Existing Structure
Commercial Land with Existing Structure

7010 Highway 169, Virginia, MN 55792

$193,500
8.17 AC lot

An existing building with an upstairs apartment accompanies the land, with private water and sewer service.

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Mixed-Use Property with Boat Storage
Mixed-Use Property with Boat Storage

2331 Old Hwy 169, Ely, MN 55731

$459,000

The property combines year-round residential space with facilities for boat storage, rental, and servicing.

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Commercial Land at Highway Intersection
Commercial Land at Highway Intersection

7010 Hwy 169, Virginia, MN 55792

$198,500

Commercial land with a drilled well, compliant septic system, and an existing structure with an apartment above.

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Boat Storage and Service Property
Boat Storage and Service Property

2331 Old Highway 169, Ely, MN 55731

$459,000
11.50 AC lot

The property combines boat storage and servicing facilities with year-round residential space.

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Tower, MN Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Tower, MN on our real estate platform.

Sale prices for multi use buildings in Tower, MN average $290,000 — 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

Live-work space 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 $290K

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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