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Chad Pederson

chad@pedersonrealty.com +1(612) 325-8745

$439,900

Est. payment - /mo

1 Bath

8,973 Sqft Lot

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UPDATED:

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 $9,505

Tax Year 2026

Contingent None

Lot Size 8,973 Sqft

Lot Dimensions 85x105

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.

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

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Listed by Timothy Schmidt • New Century Real Estate

Nearby School & Business

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Chad Pederson

+1(612) 325-8745

Broker | License ID: 20586306

Broker License ID: 20586306

Featured Communities in Minnesota

400 Broadway AVE N Foley, MN 56329

Chad Pederson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby School & Business

Get More Information