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Day Care Center with Multi-Use Space
For Sale
$590,000

1061 Highway 23, Foley, MN 56329

Commercial Sale, Foley, MN

Property Size13,200 SF
Lot Size1.29 Acres
Price / SF$44.70
Days on Market234

Property Features for 1061 Highway 23

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Industrial
Parking features Driveway, Parking Lot
Fencing Chain Link
Subdivision Eastview Meadows 3
Lot features Tree Coverage - Light
High school district Foley
Directions Highway 23 east side of Foley
Standard status Active
APN 130086700
Lot size 1.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13702

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1965
Building materials Frame, Steel
Roof type Metal
Listing Agency: Premier Real Estate Services
Listed By: Todd J. Swanson
Added: Feb 19 Changed: Oct 8 Last Checked: Oct 11 at 2:06PM
MLS# 7022962

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1965, this 13,200-square-foot steel-framed building occupies a 1.29-acre site. More than 7,700 square feet is configured as a vacant day care center, alongside over 5,400 square feet of multi-use space. The building has 12-foot side walls, forced-air heat, central air conditioning, and a metal roof.

The property is on the edge of Foley, with 363 feet of frontage along Highway 23. A parking lot provides 30 spaces, and the site is enclosed with chain-link fencing.

Key Highlights

  • 13,200‑square‑foot building on 1.29 acres
  • More than 7,700 square feet currently configured as a vacant day care center
  • Over 5,400 square feet of multi‑use space

Property Analytics

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Current Use

Day care centers

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Plumbing Service Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56329, MN

7,615
Population
2,939
Households
2.6
Avg Household Size
38
Median Age
19%
College-Educated
92%
High-School Grad
191.9 sq mi
ZIP Area
40
Density / Sq Mi
$89,728
Median Household Income
$46,776
Median Earnings
$1,032
Median Rent
$260,300
Median Home Value
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Similar Off Market Nearby

  • St. John's Area School - Foley Preschool & Elementary — 215 7th Ave, Foley, MN 56329
  • TLC University — 1061 MN-23, Foley, MN 56329
  • Jackie's Lil Sprouts Daycare — 119 Lone Ridge Ln, Foley, MN 56329

Frequently Asked Questions

What type of property is this?
Day care center - A steel-framed commercial property combines a former childcare area with additional flexible-use space.
Where is this day care center located?
The property is located at 1061 Highway 23 Foley, MN.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 13,200‑square‑foot building on 1.29 acres; More than 7,700 square feet currently configured as a vacant day care center; Over 5,400 square feet of multi‑use space
More about this property
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