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    Tower, MN
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    Tower, MN Retail Properties & Spaces for Sale

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    Soudan, MN Cook, MN Virginia, MN
    Nordic-Inspired Home Goods Boutique
    Updated: Jul 1
    Nordic-Inspired Home Goods Boutique

    303 Main Street, Tower, MN 55790

    $250,000
    Wood frame construction with shingle/asphalt roof
    Central air cooling and forced‑air propane heating
    Year built: 1930
    Nordic‑inspired home goods boutique retail space
    Purchase the brand and inventory for an additional $100,000
    View details
    Mixed-Use Property in Tower, MN
    Updated: Mar 29
    Mixed-Use Property in Tower, MN

    507 Main Street, Tower, MN 55790

    $159,000
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Live-Work Property with Art Gallery
    Live-Work Property with Art Gallery

    601 Main St, Biwabik, MN 55708

    $350,000

    Live-work building on Main Street with an included art gallery, coffee shop setup, and flexible rear studio suite.

    View details
    Self-Service Car Wash with Automatic
    Self-Service Car Wash with Automatic

    101 Main St S, Aurora, MN 55705

    $149,900

    Operate self-serve bays for cars and trucks alongside an automatic wash, with power and updated bay heaters.

    View details
    Aurora Commercial Building with Opportunities
    Aurora Commercial Building with Opportunities

    22 W 3rd Ave N, Aurora, MN 55705

    $129,900

    Spacious commercial building in Aurora, MN with endless opportunities.

    View details
    Biwabik Mixed-Use Investment Opportunity
    Biwabik Mixed-Use Investment Opportunity

    400 Main Street S, Biwabik, MN 55708

    $950,000
    3,304 sqft

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

    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.

    Hibbing Commercial Land Opportunity
    Hibbing Commercial Land Opportunity

    Old Highway 169, Hibbing, MN 55746

    $195,000
    17.00 AC lot

    Prime commercial land with utilities and road frontage.

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    Commercial Land Near Westside Commons
    Commercial Land Near Westside Commons

    Hwy 73, Hibbing, MN 55746

    $149,000

    Commercial land with frontage near Walmart and Westside Commons.

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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    3857 HWY 73, Hibbing, MN 55746

    $79,000

    Commercially zoned land with highway frontage, city services available, and proximity to major retail.

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    Commercial Land on Highway 61
    Commercial Land on Highway 61

    1050 HWY 61, Two Harbors, MN 55616

    $344,000

    B-1 land available on Highway 61 in Two Harbors.

    View details

    Tower, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 2 retail properties & spaces 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 $409,000.

    Sale prices for stores in Tower, MN start at $159,000, averaging $204,500, and reaching up to $250,000 — 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

    Storefront properties 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 $254.5K

    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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