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$439,900

0 Beds 1 Baths 0 SQFT 0.21 Acres
Type: Commercial

400 Broadway Avenue N
Foley, MN 56329

MLS#: 7012553
John Link
John Link
The Real Estate Advantage
Agent
Phone: 612.202.2240
Office: 952.253.5600
Presented by: New Century Real Estate

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.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths1

Other Interior Features

BasementNone
Basement (Y/N)No
Ceiling Height8-10
Foundation Dimensions72x44
FuelElectric, Natural Gas

General

AccessibilityFully Wheelchair, Grab Bars In Bathroom, Accessible for Hearing-Impairment, Door Lever Handles, No Stairs External, No Stairs Internal
Additional Parcels Y/NNo
Amenities UnitEthernet Wired, Washer/Dryer Hookup
AppliancesElectric Water Heater
CityFoley
Construction MaterialsBrick, Steel Siding
ContingencyNone
CoolingCentral Air, Zoned
CountyBenton
Current UseOffice
DirectionsFrom Milaca: Head West on Hwy 23, turn Right onto Broadway Ave N From St Cloud: Head East on Hwy 23, turn Left onto Broadway Ave N Building #400
Garage Spaces0
HeatingForced Air, Zoned
High School DistrictFoley
Insurance Expense3150
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total10
OwnerPaysElectricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, Insurance, Janitorial Service, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Possible UseOffice, Professional Service, Medical/Dental
PostalCityFoley
Property TypeCommercial Sale
RoofMetal
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameHoldridge Add
Tax Annual Amount$9,506
Tax Year2026
Tenant PaysBroadband, Cable TV, Telephone
TopographyLevel
UtilitiesElectric Common, Heating Separate, Hot Water Common
Year Built1970
Zoning DescriptionBusiness/Commercial

Exterior

FencingNone
Foundation Area3,168 sqft
InclusionsBuilding, Land, Leases
Lot Dimensions85x105
Lot FeaturesCorner Lot, Irregular Lot, Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCurbs, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$439,900

0 Beds 1 Baths 0 SQFT 0.21 Acres
Type: Commercial

400 Broadway Avenue N
Foley, MN 56329

MLS#: 7012553
John Link
John Link
The Real Estate Advantage
Agent
Phone: 612.202.2240
Office: 952.253.5600