230 4Th Ave Foley, MN 56329
- Mixed-use properties
- 3,720 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 230 4Th Ave
- Year built
- 1930
- Property size
- 3,720 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Benton
- State
- Minnesota
- Longitude
- -93.91116
- Latitude
- 45.66486
