703 S THIRD STREET, TOWER, MN 55790

703 S Third Street
Tower, MN 55790

$198,500

Sq. Ft.: 5,376
Type: Commercial
Listing #130995
Landmark Historic Property At The Center Of $8M Harbor Renaissance on Lake Vermilion. Declared by Nat Geo to be one of the top ten most scenic lakes in the USA, Vermilion stretches 40 miles across & harbor will offer the only docking at a downtown area on the lake, w/restaurants, antique shops, cafés, & lodging. Built 1902, 8400SF 3-story solid concrete bldg w/living quarters, hwy & river frontage, originally the ice house for the Iron Range Brewing Assc & most recently the Iron Ore Bar, potential for brewpub/restaurant w/riverside deck+ shops or lodging. 1.34 acres offers room for addâ??l buildings & parking.
Property Features
Location Information
MLS Area: Tower/Soudan
Interior Features
Heating: Electric, Propane, Forced Air, Space Heater(s)
Basement Description: None
Exterior Features
Construction: Concrete
Exterior: See Remarks
Roof: Rubber, See Remarks
Utilities: City Sewer, City Water, Electric
Parking Description: Parking Area, Gravel, Above Ten Cars
Present Use: Tavern/Lounge, Food Service, Business Opportunity
Additional Information
Property Location: Corner Lot, Downtown Area, Freestanding
Property Type: COM
Property SubType: Commercial
Year Built: 1902
Status: Active
General: Inside Storage, Living Area


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
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Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Janisch Realty, Inc.
(218) 780-6644
info@janischrealty.com
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Information is deemed reliable but not guaranteed.


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the the Range Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Janisch Realty, Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker.

Range-RAOR data last updated at April 25, 2017 8:32 PM CT