Foley, MN 56329,400 Broadway AVE N
Foley, MN 56329,400 Broadway AVE N
Foley, MN 56329,400 Broadway AVE N
Foley, MN 56329,400 Broadway AVE N
Foley, MN 56329,400 Broadway AVE N
Foley, MN 56329,400 Broadway AVE N
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$ 475,000
Est. payment | /mo

2 Baths

8,973 Sqft Lot


Save
$ 475,000
Est. payment | /mo
Save

2 Baths

8,973 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Holdridge Add

MLS Listing ID 7012553

Year Built 1970

Annual Tax Amount $8,046

Tax Year 2026

Contingent None

Lot Size 8,973 Sqft

Acres 0.206

Lot Dimensions 85x105

Property Description

In the heart of Foley stands a well-recognized office building with history, presence. purpose, and possibilities. This 3,168 SF commercial office building is well-divided into two primary units, offering flexibility for investors, owner-users, or future redevelopment. Half of the building is secured by a long-term lease; the other half is occupied by two professional office tenants with leases in place through 2026. Plus, six other office spaces are vacant, providing immediate opportunity for lease-up, expansion, or creative reconfiguration.

The structure itself is solid with brick, steel, and zoned heating and air with central systems. This place is built to last and adaptable to evolve. Whether preserved, repositioned, or reimagined, the building offers a strong foundation for what comes next.

Location is where this property really demands attention. Positioned on a highly visible corner lot along Hwy 23, the main artery through Foley, it benefits from daily traffic, strong sightlines, and natural exposure that cannot be replicated. In a city where commercial availability is limited, this site stands apart.

For more than a decade, Foley experienced little to no new commercial development due to infrastructure limitations. That's over now. With sewer and water now connected to St. Cloud, the city has entered a new season of growth, marked with new construction, renewed confidence, and accelerated demand. Properties like this, already established in the city's core, are increasingly rare. This investment is all about location, time, and potential.

Location

State MN

County Benton

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Forced Air, Zoned

Cooling Central Air, Zoned

Flooring Carpet

Inclusions Building, Land, Leases

Fireplace No

Appliance Electric Water Heater

Exterior

Parking Features On-Street Parking Only

Fence None

Utilities Available Electric Common, Heating Separate, Hot Water Common

Roof Type Metal

Present Use Office

Building

Lot Description Corner Lot, Irregular Lot, Tree Coverage - Light

Story One

Foundation 3168

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick,Steel Siding

New Construction false

Schools

School District Foley

Listed by Timothy Schmidt • New Century Real Estate
Pradith Syhaphom

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400 Broadway AVE N