USAMNFoleyHoldridge Add400 Broadway Ave N

400 Broadway Ave N, Foley, MN

Name: 400 Broadway Ave N, For Sale in Foley - Zoocasa
Brand: New Century Real Estate
SKU: 7012553
Price: 439900 USD

House

For Sale

Listed price in listed location currency (USD).

$439,900

010

MLS® 7012553

Overview

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage

Taxes $9,506

Days Active 186

Lot Size 0.206 Acres

Approx. Age 1970

MLS® Number 7012553

Property Address: 400 Broadway Ave N, Foley, MN, 56329-8600

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

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.

MLS® Number7012553

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1970

BasementNone

DrivewayOn-Street Parking Only

Garage Spaces

HeatForced Air, Zoned

A/CCentral Air, Zoned

Extras

Building, Land, Leases

Map

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