Map
Listed price in listed location currency (USD).
$499,000

422

MLS® 7067963

Overview

Key Facts

Type Business
Levels Residential
Size 1623 sqft
Garage Yes
Taxes $3,498
Days Active 0
Lot Size 
Approx. Age 2007
Avg. Price Per Sqft $307
MLS® Number 7067963

Property Address: 16523 165th St Ne, Foley, MN, 56329-9193

Average square foot calculated using Size range provided by listing agent.

Description

Work, live, and invest all in one place with this unique 5-acre opportunity in a highly visible location nearly equidistance NE of Foley and NW of Milaca! This well-maintained 4-bedroom, 2-bath bi-level split home features a 2-car attached garage plus a 16x20 detached garage/pole shed, offering plenty of space for vehicles, storage, hobbies, or equipment. Included with the property is the former Rum Shack Bar & Grill — a recently renovated commercial building full of potential for your next business venture. Located on a scenic, park-like corner lot at the intersection of Benton County Roads 7 and 22, the property offers exceptional visibility and abundant off-street parking for customers and guests alike. The current owners, both contractors, recently completed major exterior updates including brand-new vinyl siding and architectural shingles in October 2025, ensuring years of low-maintenance ownership. While previously operated as a popular bar and grill, the commercial space offers endless possibilities for future use. Ideal opportunities may include a daycare, pet grooming business, antique shop, convenience store, retail space, office, studio, or other home-based business ventures (subject to local approvals). Rarely does a property combine comfortable living, business potential, acreage, and prime exposure all in one package.
MLS® Number7067963
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2007
BasementEgress Window(s), Finished, Full
DrivewayAttached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Dining Room:Upper LevelNot available
Other:Main FloorNot available
Bedroom 2:Upper LevelNot available
Office:Lower LevelNot available
Bedroom 4:Lower LevelNot available
Living Room:Upper LevelNot available
Family Room:Lower LevelNot available
Other:Main FloorNot available
Bedroom 3:Lower LevelNot available
Kitchen:Upper LevelNot available
Laundry:Lower LevelNot available
Other:Lower LevelNot available
Other:Upper LevelNot available
Other:Upper LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$499,000List Price
-End Date
Not Sold YetSold Price

For Sale

Nov 6, 2025List Date
$529,000List Price

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