Tower MN Commercial for Sale

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Type:
Apartment
Sq.Ft.:
14,000
Status:
Active
Beds:
n/a
Year built:
1910
Baths:
MLS#:
6390167

ADDITIONAL INFORMATION

Located on Towers iconic Main Street is this statuesque 3500 sq ft mixed use commercial property that is considered the anchor business on Main Street. It currently is operated as an antique and thrift/gift shop. The main 3,500 sq ft level has plenty of space to open your business venture! The possibilities and potential are endless as the setup allows for more than 1 business. The upper level features: 3 total apartments: 2 apartments with 2 bedrooms each and another is a 5 bedroom apartment complete with laundry. Need some extra storage space? There is a 25x48 attached garage/shop area with 10 and 12 foot doors and loft storage and an additional 24x36 garage/workshop. Potential to acquire the business/inventory separately will be considered.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
5.35 Acres
Year built:
1974
Baths:
MLS#:
6107273

ADDITIONAL INFORMATION

Remarkable Turn-Key Bar/Restaurant With Excellent Clientele History!! With Many New Updates, This Establishment Has Had a Complete Interior Remodel Including: New Kitchen Equipment, Plumbing, Electrical, Refrigeration and More Seating Added!! This Property is Situated Adjacent to the Spur Snowmobile Trail and Highly Trafficked Road for Plenty of Customer Visits!! It Also Adorned With a Large Garage and a 3-Bedroom Single-Family Dwelling - Live There or Absorb Great Rental Income!! Great Opportunities Await!! Enjoy Your Dream of Owning a "Great Northland Experience!!"

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

2024 Copyright 2024 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.




Tower Real Estate

The median home value in Tower, MN is $145,000. This is lower than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Tower, MN is $145,000. Approximately 56.01% of Tower homes are owned, compared to 14.43% rented, while 29.55% are vacant. Tower real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tower real estate agent to arrange a tour today!

Tower, Minnesota has a population of 438. Tower is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Tower, Minnesota is $46,875. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Tower is 47 years.

Tower Weather

The average high temperature in July is 77.7 degrees, with an average low temperature in January of -7.2 degrees. The average rainfall is approximately 27.8 inches per year, with 62.1 inches of snow per year.

Tower Real Estate Market Conditions

  • Median sales price

    $145,000
    13.2% change since last quarter
  • # Active listings

    40
    30-day change

Tower Schools and Demographics

Education near Tower, MN

Metric City County
High School Graduates 95.59 94.63
College Degree - 2 year 20.51 13.09
College Degree - 4 year 15.46 31.2
Graduate Degree 2.52 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Tower, MN

School Grades Students P/T Ratio ZIP
Babbitt Elementary School PK - 06 128 13.2 55706
Tower-Soudan Elementary School PK - 06 84 9.2 55790

High Schools near Tower, MN

School Grades Students P/T Ratio ZIP
Northeast Range Secondary 07 - 12 152 14.7 55706
Vermilion Country School 07 - 12 58 9.7 55790

Demographics near Tower, MN

Metric City County
Neighborhood Type Small town
Population 438 200,311
Population Density 147 32
Median Age 47 40.9
People per Household 2.1 2.2
Median Household Income 46,875 61,213
Average Income per Capita 28,097 34,816