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    Tower, MN Retail Space for Sale

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    Soudan, MN Cook, MN Embarrass, MN
    Nordic-Inspired Boutique on Main Street
    $350,000
    1,200 SF

    Nordic-Inspired Boutique on Main Street

    303 Main Street, Tower, MN 55790

    Charming retail space in Tower, MN, gateway to Lake Vermilion.

    • Prime location on a busy state corridor leading to the Boundary Waters Canoe Area Wilderness (BWCAW), ensuring high visibility and traffic.
    • Turnkey retail business opportunity with an established presence and strong regional appeal.
    • Unique Nordic‑inspired home goods boutique featuring premium leather furniture, custom Nepali rugs, and distinctive Nordic‑cabin decor.
    • Located in a quaint town known as the gateway to Lake Vermilion, a highly desirable Northern MN lake.
    • Warm and welcoming interiors reflecting timeless Scandinavian design with clean lines and natural textures.
    Updated: May 20
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    Historic Tower Mixed-Use Building
    $339,900
    7,180 SF

    Historic Tower Mixed-Use Building

    601 Main St, Tower, MN 55790

    Multi-use commercial building in downtown Tower near Lake Vermilion.

    • Prime downtown location in Tower, near Lake Vermilion.
    • Multi‑use commercial building with income‑producing apartments.
    • Solid historic brick construction with strong craftsmanship.
    • Two retail/commercial spaces plus warehouse‑style garages and shop area.
    • Flexible layout offering endless possibilities for various business ventures.
    Updated: May 21
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Tower, MN, we suggest exploring several alternatives:

    Tower, MN Retail Space Investment Opportunities Market Analysis

    Explore 2 retail space for sale in Tower, MN on our real estate platform. These investment opportunities span a total of 8,380 square feet of properties for sale, with an estimated market value of $689,900.

    Sale prices for retail space in Tower, MN start at $339,900, averaging $344,950, and reaching up to $350,000 — 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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    Demographics Overview

    Population 1,933
    Population Growth (5Y) -3.5%
    Median Household Income $74,732
    College Educated 46.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Tower submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55790 $350K

    Taxes & Financing

    Tax Rate (average for all types) 2.45%
    Property Tax per SF $30.81 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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