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    Tower, MN Office Spaces for Sale

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    Soudan, MN Cook, MN Embarrass, MN Virginia, MN Orr, MN Babbitt, MN Ely, MN Biwabik, MN
    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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    Mixed-Use Building with Attached Garage
    Updated: Aug 26
    Mixed-Use Building with Attached Garage

    602 Main St, Tower, MN 55790

    $290,000
    4,460 sqft
    Main level leased to a bar and liquor store
    Upper floor currently used for city offices
    Attached 35x48 garage for vehicles and equipment
    Basement storage area included
    Additional city lot provides off‑street parking
    View details
    Live-Work Building with Office
    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, large windows, and a 3-bedroom residence above.

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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 7 Potential Opportunities for your consideration. Besides 3 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 and Roasting Operation
    Coffee Shop and Roasting Operation

    2 W Sheridan St, Ely, MN 55731

    $979,000
    4,350 sqft 0.07 AC lot

    Established coffee and wine business with roasting, bakery, kitchen, coworking, and event components across two Sheridan Street locations.

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

    214 N Second Ave, Virginia, MN 55792

    $400,000
    11,014 sqft

    Solid brick construction includes a separate garage and storage building.

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    Downtown Ely Commercial Building
    Downtown Ely Commercial Building

    29 E Chapman St, Ely, MN 55731

    $209,000
    6,900 sqft 0.19 AC lot

    Two-level commercial building in downtown Ely with business potential.

    View details
    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    214 N 2nd Ave, Virginia, MN 55792

    $400,000

    Downtown Virginia property with a separate garage/storage building and four floors of interior space.

    View details

    Tower, MN Office Spaces Market Trends and Statistics

    Explore 3 office spaces for sale in Tower, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,972 square feet of properties for sale, with an estimated market value of $724,000.

    Sale prices for office spaces in Tower, MN start at $144,000, averaging $241,333, and reaching up to $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

    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 $217K

    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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