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    Tower, MN
    Retail

    Tower, MN Retail Space for Sale

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    Soudan, MN Ely, MN Embarrass, MN Cook, MN Virginia, MN Orr, MN Babbitt, MN Biwabik, MN
    Nordic-Style Home Goods Boutique
    Updated: Jul 1
    Nordic-Style Home Goods Boutique

    303 Main Street, Tower, MN 55790

    $250,000
    Wood‑frame retail storefront
    Zoned COMM
    Forced‑air propane heating with central air
    Asphalt shingle roof
    Built in 1930
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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 5 Potential Opportunities for your consideration. Besides 1 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.

    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.

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    Downtown Ely Commercial Building
    Downtown Ely Commercial Building

    29 E Chapman St, Ely, MN 55731

    $230,000
    6,900 sqft 0.19 AC lot

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

    View details
    Flex Space with Heated Warehouses
    Flex Space with Heated Warehouses

    707 N 6th Ave, Virginia, MN 55792

    $150,000

    Flexible commercial space combines heated warehouse areas with a retail component and loading access.

    View details
    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.

    View details

    Tower, MN Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Tower, MN on our real estate platform.

    Sale prices for retail space in Tower, MN average $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 3

    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 $219.7K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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