501 Main St, Tower, MN 55790 Property Records

St. Louis County property record for 501 Main St, Tower, MN 55790 · Last verified August 2026

Property Summary

Property Type	Commercial
Details	2,828 sqft · built 1950
Lot Size	0.16 acres (6,998 sqft)
Owner	Individual Name on File
Tax Bill	$4,642 (2026)
Deeds & Mortgages	Sep 2025 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`080-0010-02390`

Property Details

APN / Parcel Number

Primary APN	`080-0010-02390`
Alternative APN	`7428`

Interior

Stories	1 Story
Building Area	2,828 sqft Gross Area
1st Floor Area	1,750 sqft
Flooring	Carpet
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1950
Effective Year Built	Effective 1995
Lot Area	6,998 sqft (0.16 acres)
Garage Area	924 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Evaporative
Heating System	Hot Water

Location & Zoning

Account Number	7428
Street Address	501 MAIN ST
City	TOWER
State	MN
Zip	55790-5004
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT: 0016 BLOCK:020 SERIAL #
Legal Subdivision	TOWER
Legal Block	20
Legal Lot Number	16
Jurisdiction	ST LOUIS MN
Township / Civil Division	TOWER
Census Block Group	2
Census Block	2083
Census Tract	15402

Owner

Source: St. Louis County records · APN 080-0010-02390

Assessment roll updated August 17, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	516 1ST ST S, VIRGINIA, MN 55792-2640
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Record Updated	Sep 20, 2026

September 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	501 MAIN ST, TOWER, MN 55790-5004
Transaction Type	Mortgage
Record Updated	Oct 09, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001518190
Date	Sep 16, 2025
Instrument	1518190

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	VIRGINIA, MN 55792

Agreement

Amount	Amount Recorded
Term	60 Months
Due	Sep 15, 2030

Tax Assessment & Valuation

Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Municipality	Tower City
Unified School District	St. Louis County School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,642.00 (+16.52%)
2025	$3,984.00 (-2.78%)	$192,400 (+27.33%) Land $6,300 Building $186,100	$192,400 (+27.33%) Land $6,300 Building $186,100
2024	$4,098.00	$151,100 (+9.57%) Land $6,300 Building $144,800	$151,100 (+9.57%) Land $6,300 Building $144,800
2022		$137,900 Land $5,700 Building $132,200	$137,900 Land $5,700 Building $132,200

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, St. Louis County (27137C), updated March 24, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No

Wildfire

Wildfire Risk	Moderate above 44% of the US · above 73% of Minnesota
Wildfire Likelihood	About 1 in 1,961 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 167 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Midcontinent Communications	Cable	2,000 / 350
Verizon	Fixed Wireless	300 / 20
T-Mobile USA	Fixed Wireless	100 / 20
Starlink	Satellite (low-earth orbit)	280 / 30

May also be available at this address: Consolidated Telephone Company. Availability varies by address; speeds are provider-advertised maximums, not measured.