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709 Norman Ave Foley, MN 56329

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For Sale
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130 Acres, Prime Location, Mixed-Use

Property Features for 709 Norman Ave

General Information

Property type
Land
Lot Size
5,696,777 SF

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Listing Contact
Allan Zolin
Allan Zolin

Listing Agency: Coldwell Banker Realty Listing Agent: Allan Zolin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 130.78-acre property presents a unique investment opportunity in Foley, Minnesota. Ideally situated within city limits, this land offers convenient access to Highway 25 and Highway 23, providing easy commutes to Saint Cloud. The property boasts a prime location directly across from local schools and just blocks from the Central Business District, ensuring high visibility and accessibility. The city of Foley has recently approved zoning for residential and commercial development, opening doors for a variety of projects. This includes potential for mixed-use developments, twin homes, single-family residences, and 55+ communities, aligning with the city's vision for expansion. The land itself is notably flat, simplifying development and reducing potential costs. The sale includes three parcels, one of which features a 0.63-acre farmstead. Furthermore, the property benefits from its adjacency to existing city services and the potential for public incentives from both the city of Foley and Benton County to support the right development. The city is actively seeking development that incorporates commercial elements such as restaurants, retail spaces, and office buildings within a mixed-use plan. This presents a compelling opportunity to contribute to Foley's growth while capitalizing on significant potential returns. The asking price for this expansive and strategically located land is $3,100,000.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Foley
County
benton
State
Minnesota
Longitude
-93.9156371
Latitude
45.670325

FAQs

What type of property is this?
Land - 130 Acres, Prime Location, Mixed-Use
Where is this land located?
The property is located at 709 Norman Ave Foley, MN.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Easy access to Hwy 25 & Hwy 23, providing convenient commutes to Saint Cloud.; Adjacent to existing city services.; Three parcels located within Foley city limits.
(651) 341-8196 Call to check price and availability
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