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Income producing mixed use property located on Main Street in historic Tower, MN near beautiful Lake Vermilion! The sprawling 3500 sq ft commercial space is currently home to an antique and thrift/gift shop. Another 3500 sq ft above has 3 apartments: 2 apartments with 2 bedrooms each, and another 5 bedroom apartment complete with laundry that overlooks Main Street. There is ample storage with a basement, 25x48 attached garage with 10 and 12 foot doors, loft storage, and an additional 24x36 garage/workshop. Owners will consider a leaseback agreement for the commercial space. The potential is endless!
| DAYS ON MARKET | 3 | LAST UPDATED | 2/20/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| BASEMENT | Partial, Yes |
|---|---|
| CONSTRUCTION | Block |
| HEAT | Electric, Hot Water |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 150 x 85 |
| PARKING | On Street |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | Com |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Northwoods Land Office
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.