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Property profile

230 4Th Ave Foley, MN 56329

OFF-MARKET
Mixed-use properties
Property ID
US46-1390044
3,720 SF Built 1930
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,720 square foot mixed-use building situated at 230 4th Avenue North in Foley, Minnesota. The property boasts two main floor retail spaces, each complete with dedicated backroom areas, ideal for a variety of commercial ventures. The possibilities are extensive, ranging from art studios and photography studios to retail shops, antique stores, or professional offices such as insurance or accounting firms. The versatility of these spaces allows for significant adaptability to suit diverse business needs. Above the retail units, a residential apartment provides comfortable living quarters. This upper-level unit includes a private fenced-in backyard, offering a tranquil outdoor space, and convenient off-street parking is also available. The property is offered at $175,000, presenting a compelling investment prospect in a desirable location. The building's size and layout offer a unique blend of commercial and residential space, making it an attractive option for owner-occupants or investors seeking a strong return. The property sits on a lot with no acreage specified. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving community. Serious inquiries are encouraged.

Property profile

Verified
Property type Mixed-use properties
Year built 1930
Total area 3,720 SF
UPID US46-1390044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

230 4Th Ave Foley, MN 56329
Foley metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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