Property profile

400 Broadway N Ave Foley, MN 56329

OFF-MARKET
Other commercial real estate
Property ID
US46-1461791
3,168 SF 0.21 ac lot Built 1970
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

In Foley, Minnesota, this brick-and-steel commercial office building contains 3,168 square feet and is divided into two primary units. It includes zoned heating and air with central mechanical systems, and is situated on a highly visible corner lot along Highway 23 (the main thoroughfare through Foley) with strong sightlines. The property sits on a 0.206-acre lot and has a configuration that supports multiple office uses, including two portions currently occupied by professional office tenants and six office spaces that are vacant, providing flexibility for leasing, space expansion, or reconfiguration. The building’s layout and divisibility make it suitable for investor or owner-user use, as well as potential redevelopment subject to applicable zoning and permitting.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 3,168 SF
Lot 0.21 ac (9,012 SF)
APN 13.00523.00
UPID US46-1461791

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Crisis Center Medical Clinic

Location

400 Broadway N Ave Foley, MN 56329-8794
Foley metro Census 20100 ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2008
1 recorded transaction
2008
$200,000

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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