About This Home

This 0-bedroom, 0-bathroom commercial at 306 Main St in Tower, MN is listed for $499,900. Built in 1956, on a N/A lot.

Key Features

  • Built in 1956

Property Details

1956
Listing Description

On the Iron Range, the roads between Virginia, Ely, and Tower don't stop moving - and neither does this business. Located directly on that main thoroughfare, this fully established towing company and full-service auto mechanics garage has built its reputation serving the corridor for years, and now it's ready for its next owner to step in and keep it running.

This is a true turn-key opportunity: all equipment stays with the sale, from the shop tools to the towing fleet, so you're not starting from scratch - you're picking up where a proven local operation leaves off. The high-traffic location between three Iron Range communities means steady visibility and a built-in service area that's hard to replicate.

Whether you're an operator looking to expand or an entrepreneur ready to own a piece of essential Iron Range infrastructure, this property offers the equipment, the location, and the customer base already in place.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

306 Main St

Tower, MN 55790-0000

Property Details

Construction

Wood Frame

Parking

Offsite

Heating

Natural GasForced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 306 Main St is listed at $499,900. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956.

This property is listed by Norma Jean Jofs and can be reached at 2187802860.

NJ

Norma Jean Jofs

Agent at Next Door Realty

(218) 780-2860

Listed by Next Door Realty · Broker phone: 2184105353 · View on Broker Site

MLS# 150681· Source: Range Association of REALTORS· 6 days on PropertySimple

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

306 Main St, Tower, MN 55790-0000

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