Tower, MN 55790
$339,900
Property Type:
Commercial
Square Footage:
7,180
Lot Size (sq. ft.):
3,920
Status:
Active
Current Price:
$339,900
List Date:
5/21/2026
Last Modified:
6/19/2026
Overview
Description
Listing Details MLS# 7078849
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- Yes
- Other Parking Spaces
- 5
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1956
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 3590
- Garage Stalls
- 5
- For Sale or Lease
- For Sale
- Acres
- 0.09
- Lot Dimensions
- 150x85
- Assessment Pending
- No
Property Features
Accessible:
None
Air Conditioning:
None
Amenities Unit:
City View
Basement:
Concrete Block
CMU Style:
Business Opportunity
Construction Status:
Previously Owned
Current Use:
Residential; Retail
Existing Financing:
Conventional
Exterior:
Brick/Stone
Fencing:
Chain Link
Foundation:
Brick/Mortar; Concrete Block
Fuel:
Electric
Heating:
Hot Water
Location Description:
Downtown
Lock Box Type:
None
Lot Description:
Corner Lot
Miscellaneous Information:
Single Phase
On Site Utilities:
Electric Separate
Parking Characteristics:
Multiple Garages; Off Site
Potential Use:
Industrial; Office; Retail; Shop; Warehouse
Road Frontage:
City Street
Roof:
Asphalt Shingles
Sewer:
City Sewer - In Street
Stories:
Two
Water:
City Water - In Street
Window Features:
Display Window(s)
Contract Information
- Contingency
- Inspection
- ListPrice
- 339900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Tower
- County
- St. Louis
- State
- MN
- Zip Code
- 55790
- Complex/Dev/Subdivision
- Tower
Additional Parcels Information
- Property ID #2
- 0800010003440
Assessments
- Tax With Assessments
- 3260
- Assessment Balance
- 0
- Assessment Installment
- 0
More Information
Basement
- Foundation Dimensions
- 3590
- Concrete Block
- Yes
Building Information
- Building Finished SqFt
- 3590
- Building SqFt
- 7180
- Ceiling Height
- Less Than 8 Feet
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
- Single Phase
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Dimensions
- 25x48
- Garage Door Height
- 12
- Garage Square Feet
- 2046
- Multiple Garages
- Yes
- Off Site
- Yes
Public Survey Info
- Range#
- 15
- Section#
- 32
- Township#
- 62
Sale Options
- Sale Includes
- Building, Leases
Unit Details
- Total Units
- 7
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- SLY 85 FTSLY85 FT lot 16 Block 27 tower
- Listing City
- Tower
- Map Page
- 999
- Municipality
- Tower
- School District
- St. Louis County
- School District Phone
- 218-749-8130
- Zip Plus 4
- 331
- Property ID Number
- 080001003430
- Tax Year
- 2026
- Tax Amount
- 3260
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Historic downtown Tower multi-use commercial building offering location, income potential, and endless opportunity. Whether you are looking to expand your investment portfolio, start a new business venture, or bring your own ideas to life, this property has it all. Featuring solid historic construction and strong craftsmanship throughout, the building includes two retail/commercial spaces,3 spacious upper-level apartments already producing income, abundant storage areas, basement space, and warehouse-style garages oversized garage doors plus a separate shop area. The flexible layout creates endless possibilities for retail, service businesses, storage rental, workshops, or additional income opportunities. Located in the heart of downtown Tower just blocks from beautiful Lake Vermilion, this is a rare opportunity with strong upside potential for the right buyer. Don’t miss your chance
- Directions
- Hwy 169 into tower on left hand side down town block from the Harbor
Accessible
- None
- Yes
Air Conditioning
- None
- Yes
Amenities Unit
- City View
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Conventional
- Yes
Exterior
- Brick/Stone
- Yes
Fencing
- Chain Link
- Yes
Foundation
- Brick/Mortar
- Yes
- Concrete Block
- Yes
Fuel
- Electric
- Yes
Heating
- Hot Water
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Corner Lot
- Yes
Road Frontage
- City Street
- Yes
Roof
- Asphalt Shingles
- Yes
Sewer
- City Sewer - In Street
- Yes
Stories
- Two
- Yes
Water
- City Water - In Street
- Yes
Window Features
- Display Window(s)
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Business Opportunity
- Yes
Current Use
- Residential
- Yes
- Retail
- Yes
Location Description
- Downtown
- Yes
Potential Use
- Industrial
- Yes
- Office
- Yes
- Retail
- Yes
- Shop
- Yes
- Warehouse
- Yes
Listing Office:
Anchor Realty
Last Updated: June - 19 - 2026
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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