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Tower, MN Office Spaces for Sale

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Soudan, MN Ely, MN Embarrass, MN Cook, MN Virginia, MN Orr, MN Babbitt, MN Biwabik, MN
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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Live-Work Building with Office
Updated: Jul 16, 2025
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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Coffee Shop with Roasting and Residential
Coffee Shop with Roasting and Residential

2 W Sheridan St, Ely, MN 55731

$979,000
4,350 sqft 0.07 AC lot

Historic downtown coffee & wine bar plus a roasting kitchen and two upper residential units with off-street parking.

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Turnkey Coffee & Wine Bar Building
Turnkey Coffee & Wine Bar Building

2 W Sheridan St, Ely, MN 55731

$979,000
4,350 sqft

Turnkey operation with a roasting room, commercial kitchen, and two 1-bedroom units above the storefront.

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Four-Floor Mixed-Use Building
Four-Floor Mixed-Use Building

214 N 2nd Ave, Virginia, MN 55792

$400,000
11,014 sqft

Solid brick construction includes a separate garage and storage building.

View details
Dental Office with Three Treatment Rooms
Dental Office with Three Treatment Rooms

202 S 5th Ave S, Virginia, MN 55792

$225,000

Main level operates as a dental office with treatment rooms, reception space, secure storage, and off-street parking.

View details

Tower, MN Office Spaces Market Trends and Statistics

Explore 2 office spaces 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 $288,000.

Sale prices for office spaces 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 Units 2

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 $159K

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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