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    Tower, MN Mixed-use Properties for Sale

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    Soudan, MN Cook, MN Embarrass, MN
    Historic Tower Multi-Use Commercial Building
    $339,900
    Historic Tower Multi-Use Commercial Building

    601 Main St, Tower, MN 55790

    Downtown Tower multi-use building with income potential near Lake Vermilion.
    • Prime downtown location in Tower, near Lake Vermilion.
    • Multi‑use commercial building with income‑producing apartments.
    • Solid historic brick construction and craftsmanship.
    • Two retail/commercial spaces included.
    • Oversized garage doors and separate shop area.
    Updated: May 22
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    Mixed-Use Property in Tower, MN
    $159,000
    Mixed-Use Property in Tower, MN

    507 Main Street, Tower, MN 55790

    Commercial property with residential living quarters in a prime location.
    • Prime downtown location with high traffic flow and excellent visibility.
    • Commercial property with residential living quarters above (3 BR, 1 bath, kitchenette).
    • Spacious, customizable open floor plan suitable for various businesses.
    • Bonus 2‑stall garage.
    • Close proximity to Lake Vermilion and outdoor attractions.
    Updated: Mar 29
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Tower, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF
    Updated Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    400 Main S Street, Biwabik, MN 55708

    View details
    Massive Redevelopment Opportunity in Duluth
    $1,595,000
    37,000 SF
    Massive Redevelopment Opportunity in Duluth

    37,000 SF property ready for redevelopment in vibrant neighborhood.

    2032 W Superior St, Duluth, MN 55806

    View details
    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF
    Biwabik Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    400 Main Street S, Biwabik, MN 55708

    View details
    Mixed-Use Property For Sale
    $400,000
    Mixed-Use Property For Sale

    Mixed-use property available for purchase in Duluth, Minnesota.

    1633 Maple Grove Rd, Duluth, MN 55811

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Bayfield Land with Lake Views
    $949,900
    29.79 Acres
    Bayfield Land with Lake Views

    29.79+/- acres with Lake Superior views and development potential.

    35480 Whitetail Ave, Bayfield, WI 54814

    View details
    Land Near Lake Superior
    Contact for pricing
    Land Near Lake Superior

    Land with lake views and utilities in Ashland, Wisconsin.

    1306 Lake Shore Dr W, Ashland, WI 54806

    View details
    Recreational Land Near Simm's Lake
    Contact for pricing
    0.25 Acres
    Recreational Land Near Simm's Lake

    Land parcel in recreational area near lakes and ATV trails.

    119-xx East County Road Y, Gordon, WI 54838

    View details
    Recreational Land in Gordon, Wisconsin
    Contact for pricing
    0.28 Acres
    Recreational Land in Gordon, Wisconsin

    0.28 acre parcel near lakes and ATV trails.

    119XX E County Rd Y, Gordon, WI 54838

    View details

    Tower, MN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $498,900.

    Sale prices for multi use buildings in Tower, MN start at $159,000, averaging $249,450, 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 median listing prices of real estate assets

    Neighborhood Average Price
    55790 $249.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $30.81 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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