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For Sale:  Tower MLS# 6756464

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Active
$159,000
/mo Edit
Commercial:  2 Stories
3 br • 2 ba • Built 1940
0.117 acres
MLS# 6756464
763-576-8286
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    Property Description

    Located in a prime downtown location just off a busy main street/hwy with high traffic flow, and excellent visibility, this unique commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The spacious office area on the main floor is perfect for a variety of businesses, whether you're looking to set up an office, retail space, or professional services. Large windows allow for excellent visibility and natural light, while the open floor plan offers flexibility to customize the space to suit your specific needs. The upper level provides private living quarters w/3 bedrms, 1 bth, and kitchenette. Bonus 2 stall garage! With its unbeatable location near beautiful Lake Vermilion, this property offers access to the surrounding community and outdoor attractions. Whether you're starting a new venture or expanding an existing one, this property offers a unique blend of commercial and residential space that is hard to come by.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $159,000
    Property Type: Commercial
    City: Tower
    Garage Spaces: 2
    County: St. Louis
    Year Built: 1940
    State: MN
    Property Style: 2 Stories
    Zip Code: 55790
    Subdivision Name: Tower

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Basement Details:
    • Concrete
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 624 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,008 ft2
    Foundation Dimensions: 28x36
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Garage Door Opener
    • On-Street Parking Only
    Road Frontage:
    • Curbs
    • Highway
    • State Road
    • Storm Sewer
    • Street Lights
    Exterior Material: Frame
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.117
    Geolocation: 47.805679, -92.27536
    Inclusions: Building, Land
    Lot Dimensions: 143 x 35
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 1046
    District Phone: 2187498130

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,421
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,546

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Other
    Fuel System: Oil
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Vermilion Land Office, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.