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    Tower, MN Restaurants 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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    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
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    Mixed-Use Property with Coffee Roastery
    Mixed-Use Property with Coffee Roastery

    2 W Sheridan Street, Ely, MN 55731

    $979,000
    4,350 sqft

    The offering combines a production kitchen, two apartments, and space for coworking and events.

    View details
    Breakfast & Diner with Basement
    Breakfast & Diner with Basement

    114 N Main St, Aurora, MN 55705

    $425,000
    2,250 sqft

    Established restaurant with substantial seating and lower-level cold storage for supplies.

    View details
    Turnkey Restaurant and Apartments
    Turnkey Restaurant and Apartments

    216 E Sheridan St, Ely, MN 55731

    $390,000
    6,800 sqft

    Purchase a fully equipped restaurant space with four apartments above, totaling about 6,800 square feet.

    View details
    Mixed-Use Bar and Residential Property
    Mixed-Use Bar and Residential Property

    304 Main Street N, Aurora, MN 55705

    $149,900
    0.07 AC lot

    Main-level bar operations accompany two upstairs one-bedroom residential units in a historic downtown building.

    View details

    Tower, MN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 4,460 square feet of properties for sale, with an estimated market value of $580,000.

    Sale prices for restaurant properties 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

    Bars & Pubs 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 $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)

    How Realmo verifies these figures

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