601 Main Street
Tower, MN 55790

List Price: $150,000 (Sold)

Sq. Ft.: 12,687
Type: Commercial
Listing #4388570

Two Excellent Buildings On Main Street Corner of Tower W/Those Going To Ely & The Boundary Waters Passing By The Front Door Every Day. For travelers from down-state, the closest entry point to the BWCA is through Trout Lake on Lake Vermilion outside of Tower. When the Harbor Project is complete, this property will be a block or two from the only downtown docking on Lake Vermilion. Located near bank & coffee shop & across from City Hall & gas station, these buildings offer 2-4 beautifully done main floor spaces, 5 apartments with room to create 4 more for a total of 9 (1 main flr space & 4 of the 5 apts currently rented w/ long term renters), huge attached 2+ stall garage, addl attached garage (currently rented long term to Minnesota Power). All this plus an entire empty lot. Current rents total $2,425 per month. Live in one of & rent the rest. Perhaps some apartments could be rented weekly to tourists w/room to park their boats on the empty lot. Terrific opportunity!

See full listing at:  http://www.idxre.com/idx/detail.cfm?cid=54406&pid=4405855&bid=36&pt=COM

Property Features
Exterior Features
Water: Yes
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 0.0
Additional Information
Property Type: COM
Year Built: 1925
Status: SOLD
Classification: Office, Apartments, Retail

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Interest Rate
Down Payment
List Price:
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