703 S Third Street
Tower, MN 55790


Sq. Ft.: 5,376
Type: Commercial
Listing #130995
NO MAJOR UPGRADES REQUIRED TO REOPEN & LOTS OF ROOM TO BUILD YOUR OWN CONDOS. Solid Updated Bldg, Prime Location VISIBLE FROM THE BRIDGE IN TOWER W/THOSE GOING TO ELY & THE BOUNDARY WATERS PASSING BY EVERY DAY. Also property just steps away from only downtown docking on Lake Vermilion. 8400 SF 3-story solid concrete bldg w/living quarters, hwy & river frontage. Originally ice house for Iron Range Brewing Assc, bomb shelter in the 60â??s & recently home to the Iron Ore Bar. Updated electrical, newer rubber roof. Cosmetic mortar veneer chipping but building solid. Incredible potential for brewpub w/riverside deck & shops or lodging. 1.34 acres on river offers room for more buildings & parking. Call today for more info!
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: $
Interest Rate
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
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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 December 17, 2017 8:31 PM CT