$243,000

411 Main Street, Tower, MN 55790


411 Main Street Tower, MN 55790

For Sale MLS# 6242567

5,760 sq ft Commercial

Data current as of {{getLocalTime('2023-03-24T03:20:38Z')}}

Details for 411 Main Street

MLS# 6242567

Description for 411 Main Street, Tower, MN, 55790


Outstanding Opportunity For Restaurant, Catering, Bakery With Bed & Breakfast Or Apartments Above! The Tower Café was an extremely popular restaurant located on the road to Ely & minutes to Lake Vermilion landing, championship golf, State parks & snowmobile trails. Includes furniture, fixtures & equipment to reopen restaurant or pursue another business. Upstairs is an owner’s 2-3 BR apartment plus Bed & Breakfast rooms—5 bedrooms and 3 baths. Dining room w/railroad lanterns, memorabilia, air cond, easy access bathrms. Kitch w/ prep station, dishwasher, fryer, 2 grills, range, frig/freezer, icemaker. 2108 SF basement w/additional frig/freezers, walk in cooler, lots of storage. 30 x 26 heated garage. Click link for 3D Tour. Don’t miss this opportunity! Call today! Sold as-is.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.16 Acres

Square Feet: 5,760 sq ft

Year Built: 1952

Foundation: 2,108 sq ft

Garage: Yes

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Tower

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: St. Louis

Days On Market: 235

HERS Score:

Construction Status: Previously Owned

School Information


District: 2142 - St. Louis County

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Refrigerator, Dryer, Microwave, Range, Freezer, Dishwasher, Washer, Exhaust Fan/Hood, Oil Water Heater

Flooring: Carpet,Vinyl/Linoleum

Basement: Concrete Block, Full

Additional Interior Features: Washer/Dryer Hookup, Natural Woodwork, Ceiling Fan(s)

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Common,Heating Common,Hot Water Common

Other Utilities:

Cooling: Ductless Mini-Split

Heating: Hot Water, Boiler, Oil

Exterior / Lot Features


Garage Spaces: 2

Parking Spaces: 0

Parking Description: On-Street Parking Only, Detached Garage, Insulated Garage, Heated Garage, Garage Dimensions - 30x26, Garage Sq Ft - 780.0

Exterior: Brick/Stone

Roof: Rubber

Lot View:

Lot Dimensions: 140x50

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Patio, Tree Coverage - Light, Land Inclusions - Building,Fixture/Equipment,Land, Road Frontage - City, County, Paved Streets, Sidewalks, State, Street Lights

Soil Type:

Tillable Acres:

Unit Information


Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


From the south, take MN-169, which becomes Main Street as you pass through Tower. 411 will be on your left.

Financial Considerations


Other Deposit Fees:

Assessments: $175

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 080001001720

Tax Amount: $2,567

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes


$248,500 Original Price
$243,000 Current Price
-$5,500 Total Change
Date Price Change
1/6/2023 10:21 AM $243,000 -$5,500
7/31/2022 05:08 PM $248,500

Sales History

Date Price Change
{{sales.saleDate}} {{sales.saleAmount}} {{sales.formattedChange}}
Currently not available.

Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
{{taxes.taxYear}} {{taxes.calculatedTotalValue}} {{taxes.assessedTotalValue}} {{taxes.taxAmount}}
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2023. Information deemed reliable but not guaranteed.

Schools nearby 411 Main Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by ATTOM Data Solutions. Copyright© 2023. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2023. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2023. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Please enter a valid phone number.

Are you working with an Edina Realty agent?*

Clear all
*Required field

{{scheduleShowing.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings