Property summary
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
VerifiedCap rate & NOI
Current use
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Crisis Center Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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