507 Main St, Tower, MN 55790
FOR SALE

507 Main St
Tower, MN 55790

  • 3 Beds
  • 1 Bath
  • 1,512 sqft

$159,000

Original price: $169,000
Est. Mortgage $1,002/mo*

$159,000

Original price: $169,000
Est. Mortgage $1,002/mo*
3 Beds
1 Bath
1,512 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Located in a prime downtown location just off the main street/hwy with high traffic flow & excellent visibility, this unique residential/commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The upper level provides private living quarters w/3 BRs, 1 bath, a kitchenette and an upper rear-facing deck. 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 & natural light, while the open floor plan offers flexibility to customize the space to suit your specific needs. AND THE Bonus is a 2-stall heated garage! With its unbeatable location near beautiful Lake Vermilion, this property offers access to the surrounding community & outdoor activities.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$105
Listed
180+ days ago

Home Details for 507 Main St

Interior Features

Interior Details
Basement: Full,PouredNumber of Rooms: 4Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1
Dimensions and Layout
Living Area: 1512 Square Feet
Appliances & Utilities
Utilities: Water Connected, Sewer ConnectedAppliances: Electric Range, Range Hood, Microwave, Refrigerator, Washer, Elec. Dryer, Electric Water HeaterMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Oil,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Oil
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Amps: 100
Levels, Entrance, & Accessibility
Levels: One and One Half

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: DeckExterior: Guttering: No
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: 2 Stalls,Detached
Frontage
Waterfront: 0 - NoneNot on Waterfront
Finished Area
Finished Area (below surface): 1008

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential
Building
Construction Materials: Vinyl Siding, Wood Siding, Wood Frame
Property Information
Parcel Number: 080001002325

Price & Status

Price
List Price: $159,000Price Per Sqft: $105

Active Status

MLS Status: Active

Location

Direction & Address
City: Tower
School Information
Elementary School District: St.Louis County-2142Jr High / Middle School District: St.Louis County-2142High School District: St.Louis County-2142

Agent Information

Listing Agent
Listing ID: 148672

Building

Building Area
Building Area: 2520 Square Feet

Lot Information

Lot Area: 4791.6 sqft

Miscellaneous

BasementMls Number: 148672
Last check for updates: about 3 hours ago
Listing courtesy of Sherry Zupancich Anderson
Vermilion Land Office Inc
Source: Range AOR, MLS#148672
Also Listed on Range AOR.

Price History for 507 Main St

DatePriceEventSource
03/29/2026$159,000PriceChange
Range AOR #148672
07/16/2025$169,000PriceChange
Range AOR #148672
07/08/2025$176,000Listed For SaleRange AOR #148672
02/20/2019$50,000Sold
N/A
11/03/2015$50,000Sold
N/A
12/24/2014$50,000Sold
N/A
01/30/2013$37,000Sold
N/A
10/24/2010$114,900ListingRemovedAgent Provided
10/06/2010$114,900Listed For SaleAgent Provided
02/21/2006$80,000Sold
N/A
01/25/2001$25,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$1,588
Assessment$57,600
Home facts updated by county records

Comparable Sales for 507 Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$89,000
05/04/26
3
1
886
0.11
Single-Family Home
$85,000
02/06/26
2
2
1,139
0.07
Single-Family Home
$207,000
08/04/25
3
2
1,514
0.35
Single-Family Home
$35,000
06/25/25
2
1
931
0.15
Single-Family Home
$212,000
06/04/25
4
2
1,624
0.13
Single-Family Home
$170,500
03/06/26
3
2.5
1,568
0.09
Single-Family Home
$230,000
04/10/26
3
2.5
2,608
0.30
Single-Family Home
$249,000
07/28/25
3
3
2,386
0.33
Single-Family Home
$235,000
10/29/25
3
1.5
1,680
0.82
Single-Family Home
$130,000
05/30/25
3
1
1,116

What Locals Say about Tower

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say people would walk alone at night

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say car is needed

  • 75 % Say neighbors are friendly

  • 67 % Say there's wildlife

  • 60 % Say it's walkable to restaurants

  • 50 % Say it's dog friendly

  • 33 % Say it's walkable to grocery stores

  • 33 % Say there are community events

  • 33 % Say there are sidewalks

  • 33 % Say kids play outside

  • 25 % Say streets are well-lit

Learn more about our methodology.

LGBTQ Local Legal Protections

Sherry Zupancich Anderson, Vermilion Land Office Inc
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
507 Main St, Tower, MN 55790 is a 3 bedroom, 1 bathroom, 1,512 sqft single-family home built in 1925. This property is currently available for sale and was listed by Range AOR on Jul 8, 2025. The MLS # for this home is MLS# 148672.