100 4th N Ave Foley, MN 56329-8441

Property Details for 100 4th N Ave

Year built

1947

Lot size

0.22 lot acres

Property size

2,978 SF

Property type

Commercial real estate

APN

13.00179.01

APU

130017901

Description

This exceptional mixed-use property, located at 100 4th Avenue North in the heart of Foley, Minnesota, presents a unique investment opportunity. The building offers 4,300 square feet of versatile space, ideally suited for a variety of commercial ventures. Previously operating as a bar, the main floor retains several key fixtures including a bar, stainless steel sinks, and a walk-in cooler, providing a solid foundation for a new business. The building's prime corner lot location ensures high visibility and accessibility. Adding to its appeal is a spacious two-bedroom apartment occupying approximately 1,300 square feet on the upper level. This residential component offers the potential for owner occupancy, providing a comfortable living space above the business, or it can be rented out to generate additional income. The property also boasts approximately six off-street parking spaces, a valuable asset in a downtown setting. The asking price for this remarkable property is $99,500, representing a compelling opportunity to own a thriving mixed-use building in a vibrant community. The combination of commercial space and residential living makes this an attractive investment for both business owners and investors seeking a strong return. Don't miss this chance to acquire a well-situated property with significant potential.