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New
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$475,000

6 days ago

0 Bed

2 Bath

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MLS® 7012553

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $8,046
Days Active 5
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

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.
MLS® Number7012553
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land, Leases

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 24, 2026List Date
$475,000List Price
  • Commute

Commute

Starting Address
Destination Address
400 Broadway Ave N, Foley, MN

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