$169,000
507 Main Street Tower, MN 55790
For Sale MLS# 6756464
Other
Details for 507 Main Street
MLS# 6756464
Description for 507 Main Street, Tower, MN, 55790
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 Information
Property Type: Commercial
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 0.12 Acres
Square Feet: 1,512 sq ft
Year Built: 1940
Foundation: 1,008 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Tower
Number Of Units Total: 2
Current Use: Other
County: St. Louis
Days On Market: 229
Construction Status: Previously Owned
School Information
District: 2142 - St. Louis County
Interior Features
Basement: Poured Concrete, Full
Doors/Windows: Display Window(s)
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Cooling: Central
Heating: Oil, Forced Air
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Garage Door Opener, On-Street Parking Only, Detached Garage, Garage Dimensions - 24x26, Garage Sq Ft - 624.0
Exterior: Vinyl, Wood
Roof: Asphalt Shingles
Lot Dimensions: 143x35
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Land Inclusions - Building,Land, Road Frontage - Curbs, State, US Highway, Street Lights, Storm Sewer
Driving Directions
Hwy 169 to Tower to Main Street address
Financial Considerations
Other Annual Tax: $125
Tax/Property ID: 080001002325
Tax Amount: 1421
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Vermilion Land Office, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 507 Main Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 507 Main Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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.
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