Listed By
Agency Name: New Century Real Estate
Agency Phone: 320-492-3420
Shown By
Agent Name: Matt Selnes
Agent Phone: (507) 884-9206
Agency Title: Counselor Realty
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.
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400 Broadway Avenue N, Foley, MN 56329
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400 Broadway Avenue N, Foley, MN 56329
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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400 Broadway Avenue N | MLS# 7012553
This commercial property located at 400 Broadway Avenue N, Foley, MN 56329 is currently listed for sale with an asking price of $439,900. Broadway Avenue N is located within the Foley school district. Search Foley real estate on mselnes.counselorrealtyofrochester.com today.