Courtesy: Anchor Realty
Historic downtown Tower multi-use commercial building offering location, income potential, and endless opportunity. Whether you are looking to expand your investment portfolio, start a new business venture, or bring your own ideas to life, this property has it all. Featuring solid historic construction and strong craftsmanship throughout, the building includes two retail/commercial spaces,3 spacious upper-level apartments already producing income, abundant storage areas, basement space, and warehouse-style garages oversized garage doors plus a separate shop area. The flexible layout creates endless possibilities for retail, service businesses, storage rental, workshops, or additional income opportunities. Located in the heart of downtown Tower just blocks from beautiful Lake Vermilion, this is a rare opportunity with strong upside potential for the right buyer. Don’t miss your chance
Courtesy: Vermilion Land Office, Inc.
218-753-8985
Step into a storybook setting with this charming Nordic-inspired home goods boutique, beautifully positioned along a busy state highway corridor leading to the iconic Boundary Waters Canoe Area Wilderness. This inviting retail space features a thoughtfully curated collection of premium leather furniture, custom Nepoli Rugs, distinctive Nordic décor, cabin décor and gifts. Perfectly situated in a quaint harbor town known as the gateway to Lake Vermilion one of Northern Minnesota’s most sought-after lakes. The store benefits from exceptional drive-by visibility and steady traffic from both local and seasonal visitors drawn to the area’s world class recreation. Warm, welcoming interiors reflect the timeless Scandinavian design, clean lines and natural textures. This is a rare opportunity to own a unique, lifestyle-driven business in the heart of Minnesota’s lake country. Ideal for an entrepreneur seeking a turnkey retail operation with strong regional appeal, established presence and room to grow.
Courtesy: Vermilion Land Office, Inc.
218-753-8985
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.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Tower is located in Minnesota. Tower, Minnesota has a population of 438. Tower is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Tower, Minnesota is $46,875. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Tower is 47 years.
The average high temperature in July is 77.7 degrees, with an average low temperature in January of -7.2 degrees. The average rainfall is approximately 27.8 inches per year, with 62.1 inches of snow per year.
