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    Tower, MN
    Retail

    Tower, MN Retail Properties & Spaces for Sale

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    Soudan, MN Cook, MN Embarrass, MN Virginia, MN Orr, MN Babbitt, MN Ely, MN Biwabik, MN
    6 properties
    Auto Repair Shop with Towing Fleet
    Updated: Sep 14
    Auto Repair Shop with Towing Fleet

    306 Main St, Tower, MN 55790

    $499,900
    Full‑service auto repair garage with established towing operation
    Shop tools and towing fleet included with the sale
    Located at 306 Main St, Tower, MN 55790‑0000
    Commercial zoning supports the existing automotive use
    1956 building with wood‑frame construction
    View details
    Nordic-Inspired Retail Storefront
    Updated: Sep 17
    Nordic-Inspired Retail Storefront

    303 Main Street, Tower, MN 55790

    $250,000
    Retail storefront at 303 Main Street, Tower, MN 55790
    COMM zoning designation
    Nordic‑inspired home goods retail concept
    Wood‑frame construction dating to 1930
    Central air conditioning
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    Mixed-Use Property with Attached Garage
    Mixed-Use Property with Attached Garage

    602 Main Street, Tower, MN 55790

    $290,000

    Three-level commercial building with leased bar and liquor store space, city offices, basement storage, and supplemental parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Full-Service Auto Shop
    Full-Service Auto Shop

    306 Main St, Tower, MN 55790

    $499,900
    4,472 sqft

    Established towing and mechanical repair operation with shop equipment and a towing fleet included.

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    Mixed-Use Building with Attached Garage
    Mixed-Use Building with Attached Garage

    602 Main St, Tower, MN 55790

    $290,000
    4,460 sqft

    Multi-level commercial property with leased ground-floor bar and liquor store space, city offices, storage, and additional parking land.

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    Nordic-Inspired Retail Space
    Nordic-Inspired Retail Space

    303 Main St, Tower, MN 55790

    $250,000
    2,400 sqft

    Retail setting with Scandinavian-inspired interiors and home furnishings, rugs, decor, and gifts.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    4-Bay Auto Repair Shop
    4-Bay Auto Repair Shop

    111 Vermilion Dr E, Cook, MN 55723

    $529,000
    3,048 sqft

    The sale includes an operating tire and repair business, equipment, tools, and dedicated customer service areas.

    View details
    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
    Turnkey Auto Shop with Lifts
    Turnkey Auto Shop with Lifts

    111 Vermilion Dr E, Cook, MN 55723

    $529,000

    Operating automotive business with repair bays, customer areas, equipment, and a sizable parking area.

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    Downtown Ely Commercial Building For Sale
    Downtown Ely Commercial Building For Sale

    137 E Sheridan St, Ely, MN 55731

    $370,000
    4,200 sqft 0.14 AC lot

    Meticulously maintained retail space with investment and conversion potential.

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    Tower, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 6 retail properties & spaces for sale in Tower, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,332 square feet of properties for sale, with an estimated market value of $2,079,800.

    Sale prices for stores in Tower, MN start at $250,000, averaging $346,633, and reaching up to $499,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Auto shops 2
    Automotive properties 2
    Gas stations 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 $317.7K

    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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