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Office Building with Flexible Suites
For Sale
$439,900

400 Broadway Avenue N, Foley, MN 56329

Commercial Sale, Foley, MN

Property Size3,168 SF
Lot Size0.21 Acres
Price / SF$138.86
Days on Market262

Property Features for 400 Broadway Avenue N

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business/Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features On Street
Window features Blinds
Accessibility Accessible Approach with Ramp
Appliances Water Heater - Electric
Subdivision Holdridge Add
Lot features Corner Lot, Irregular Lot, Tree Coverage - Light
High school district Foley
Directions From Milaca: Head West on Hwy 23, turn Right onto Broadway Ave N From St Cloud: Head East on Hwy 23, turn Left onto Broadway Ave N Building #400
Standard status Active
APN 130052300
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9506

Utilities

Heating system Forced Air, Zoned
Cooling system Central Air, Zoned

Building Details

Year built 1970
Building materials Brick, Steel
Roof type Metal
Listing Agency: New Century Real Estate
Listed By: Timothy Schmidt
Added: Jan 22 Changed: Oct 8 Last Checked: Oct 11 at 4:06PM
MLS# 7012553

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.

This 3,168-square-foot office building at 400 Broadway Avenue N in Foley combines occupied professional offices with vacant suites. The building dates to 1970 and features brick and steel construction, a metal roof, and zoned forced-air heating and central air conditioning. An accessible approach ramp is also provided.

The property is on Broadway Avenue N along Highway 23. Existing office tenancy includes a lease that runs through 2030, while other suites are vacant. On-street parking is available.

Key Highlights

  • 3,168‑square‑foot office building
  • Occupied professional office suites and additional vacant suites
  • One tenant lease extends through 2030

Property Analytics

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Current Use

New Frontier Services, ... Marketing & Advertising Journey Through Mental ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Plumbing Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick-and-steel construction and zoned climate control serve a mix of occupied and vacant office suites.
Where is this office building located?
The property is located at 400 Broadway Avenue N Foley, MN.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 3,168‑square‑foot office building; Occupied professional office suites and additional vacant suites; One tenant lease extends through 2030
More about this property
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