New ListingHistoric City of Tower Commercial Opportunity-Invest in the Heart of Northern Minnesota! Positioned on a high traffic state hwy with thousands of visitors passing thru on their way to the BWCA, the Tower City Hall building offers exceptional visibility and an outstanding Main St. investment opportunity. Main level is leased to a well-established bar and liquor store, upper level is currently used as the City's office space, and the basement provides ample storage. Attached 35x48 garage offers plenty of room for vehicles and equipment. An additional city lot included for off-street parking. Endless possibilities for future use-restaurant, theater, apartments, condos, retail or office space, subject to local zoning and approval. Located in the gateway community to Lake Vermilion with new development including the twin home Harbor project, and Standing Bear Village & Marina. A unique opportunity to invest in Tower's growing Main Street!
| MLS # | 7132551 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 3 |
| Listing Provided By | Vermilion Land Office, Inc. | Sherry Anderson |
| SQ Feet | 4,460 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Business/Commercial |
| Acreage | 0.48 |
| Cooling | None |
|---|---|
| Heating | Forced Air |
| Roof | Rolled/Hot Mop, Rubber |
|---|---|
| Construction Materials | Block, Frame |
| Lot Features | Corner Lot |
| Parking Features | Attached Garage, Asphalt, Paved Lot |
|---|
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|
| State | MN |
|---|---|
| County | St. Louis |
| City | Tower |
| Zip Code | 55790 |
| Community Name | Tower |
| School District | 2142 |
| High School | St. Louis County |
| Listing VS Median (in Tower) | |
Price: $375,000 low | high Med: $239,900 sqft: 4,460 low | high Med: 1,659 $ / sqft: $84 low | high Med: $145 On site: 3 low | high Med: 195 | |
| State | MN |
|---|---|
| County | St. Louis |
| City | Tower |
| Zip Code | 55790 |
| Community Name | Tower |
| School District | 2142 |
| High School | St. Louis County |
| Listing VS Median (in Tower) | |
Price: $375,000 low | high Med: $239,900 sqft: 4,460 low | high Med: 1,659 $ / sqft: $84 low | high Med: $145 On site: 3 low | high Med: 195 | |
![]() | $329,900605 Main StreetTower, MN 55790 |