Home › , Foley, MN 56329 (MLS# 7012553)

, Foley, MN 56329 (MLS# 7012553)

$439,900
Foley, MN 56329
MLS# 7012553
1 baths
3,168 SF Building with 11 units at the corner of Broadway Ave N and Hwy 23
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3,168 SF Building with 11 units at the corner of Broadway Ave N and Hwy 23 Rooms - Commercial Floor Plan 400 Broadway Ave N 2026 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Commercial office building positioned on a highly visible corner lot along Hwy 23, the main artery through Foley. Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Measurements - Commercial Floor Plan 400 Broadway Ave N 2026 Foley, MN 56329 Side of the Building - Well Maintained AC Units 3,168 SF Building with 11 units at the corner of Broadway Ave N and Hwy 23 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Foley, MN 56329 Location benefits from daily traffic, strong sightlines, and natural exposure that cannot be replicated. Foley, MN 56329

Property Description
Positioned on one of Foley's most visible commercial corners along Hwy 23, this 3,168 square foot professional office building offers immediate income with exceptional long term upside. The property is occupied by established professional office tenants, including a long term lease extending through 2030, while additional leases and future renewals provide opportunities to reposition rental rates and operating income over time. Multiple vacant office suites offer flexibility for lease up, tenant expansion, owner occupancy, or reconfiguration. Constructed with durable brick and steel and served by zoned heating and cooling systems, the building is designed for long term performance and a variety of professional office, medical, counseling, legal or service based uses. Foley continues to experience renewed commercial growth following expanded municipal infrastructure, making highly visible office properties increasingly difficult to acquire. Investors and owner occupants alike will appreciate the combination of existing cash flow, leasing flexibility, and meaningful value add potential in one of the community's most recognizable commercial locations.

Details
Contract Information
Status: Active
Current Price: 439900
Contingency: None
ListPrice: 439900
List Date: 2026-01-22
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Baths Total: 1
Foundation Size: 3168
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.2
Lot Dimensions: 85x105
Assessment Pending: Unknown
Location Tax and Other Information
Postal City: Foley
County: Benton
State: MN
Zip Code: 56329
Complex/Dev/Subdivision: Holdridge Add
Assessments
Assessment Balance: 3672.08
Tax With Assessments: 13178
Basement
Foundation Dimensions: 72x44
Building Information
Building Finished SqFt: 3168
Ceiling Height: 8-10
Income and Expenses
Annual Insurance Expense: 3150
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SCAAR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 29
Section#: 26
Township#: 37
Sale Options
Sale Includes: Building, Land, Leases
Unit 1
Unit Number: Suite B
Monthly Rent: 915
Level: Main Level
Unit Total SqFt: 890
Leased?: Yes
Lease Expiration Date: 2030-07-31
Unit 2
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 575
Unit Number: Suite A
Unit Total SqFt: 650
Unit 3
Half Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 250
Total Bathrooms: 1
Total Rooms: 1
Unit Number: Suite A3
Unit Total SqFt: 250
Unit 4
Leased?: No
Level: Main Level
Total Rooms: 1
Unit Number: A5
Unit Total SqFt: 87
Unit 5
Leased?: No
Level: Main Level
Total Rooms: 1
Unit Number: A6
Unit Total SqFt: 87
Unit 6
Leased?: No
Level: Main Level
Total Rooms: 1
Unit Number: A7
Unit Total SqFt: 87
Unit 7
Leased?: No
Level: Main Level
Total Rooms: 1
Unit Number: A8
Unit Total SqFt: 87
Unit 8
Leased?: No
Level: Main Level
Unit Number: A4
Unit Total SqFt: 87
Unit Details
Total Units: 10
Property Features
Accessible: Accessible for Hearing-Impairment; Door Lever Handles; Fully Wheelchair; Grab Bars In Bathroom; No Stairs External; No Stairs Internal
Air Conditioning: Central Air; Zoned
Amenities Unit: Ethernet Wired; Washer/Dryer Hookup
Assumable Loan: Not Assumable
Basement: None
CMU Style: Office
Construction Materials: Brick
Construction Status: Previously Owned
Current Use: Office
Exterior: Brick/Stone; Metal; Steel Siding
Fencing: None
Flooring: Carpet
Foundation: Slab
Fuel: Electric; Natural Gas
Heating: Forced Air; Zoned
Internet Options: Cable
Loan Terms: Cash; Conventional
Lock Box Type: Combo
Lot Description: Corner Lot; Irregular Lot; Tree Coverage - Light
Miscellaneous Information: 2+ Lavatories; Exterior Lighting
On Site Utilities: Electric Common; Heating Separate; Hot Water Common
Owner Pays: Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water
Potential Use: Office; Professional
Road Frontage: Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Roof: Metal
Sewer: City Sewer/Connected
Stories: One
Tenant Pays: Broadband; Cable TV; Telephone
Topography: Level
Wall Description: Drywall
Water: City Water/Connected
Window Features: Blinds

Listing Office: New Century Real Estate

Last Updated: July - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 12th of July 2026 11:17 AM

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