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400 Broadway Avenue N, Foley, MN 56329

$449,900

Commercial office building positioned on a highly visible corner lot along Hwy 23, the main artery through Foley.

3,168 SF Building with 11 units at the corner of Broadway Ave N and Hwy 23

Rooms - Commercial Floor Plan 400 Broadway Ave N 2026

Measurements - Commercial Floor Plan 400 Broadway Ave N 2026

Exterior Building Office Signage Display

Location benefits from daily traffic, strong sightlines, and natural exposure that cannot be replicated.

Property Type: Commercial Baths: 2 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $449,900 List Date: 1/24/2026 Last Modified: 6/09/2026

Overview

Description

In the heart of Foley stands a well-recognized office building with history, presence. purpose, and possibilities. This 3,168 SF commercial office building is well-divided into two primary units, offering flexibility for investors, owner-users, or future redevelopment. Half of the building is secured by a long-term lease; the other half is occupied by two professional office tenants with leases in place through 2026. Plus, six other office spaces are vacant, providing immediate opportunity for lease-up, expansion, or creative reconfiguration. The structure itself is solid with brick, steel, and zoned heating and air with central systems. This place is built to last and adaptable to evolve. Whether preserved, repositioned, or reimagined, the building offers a strong foundation for what comes next. Location is where this property really demands attention. Positioned on a highly visible corner lot along Hwy 23, the main artery through Foley, it benefits from daily traffic, strong ... (Read more)

Listing Details MLS# 7012553

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 12
Owner Occupied: No
Waterfront Present: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3168
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.2
Lot Dimensions: 85x105
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: Accessible for Hearing-Impairment; Door Lever Handles; Fully Wheelchair; Grab Bars In Bathroom; No Stairs External; No Stairs Internal Air Conditioning: Central Air; Zoned Amenities Unit: Ethernet Wired; Washer/Dryer Hookup Assumable Loan: Not Assumable Basement: None CMU Style: Office Construction Materials: Brick Construction Status: Previously Owned Current Use: Office Exterior: Brick/Stone; Metal; Steel Siding Fencing: None Flooring: Carpet Foundation: Slab Fuel: Electric; Natural Gas Heating: Forced Air; Zoned Internet Options: Cable Loan Terms: Cash; Conventional Lock Box Type: Combo Lot Description: Corner Lot; Irregular Lot; Tree Coverage - Light Miscellaneous Information: 2+ Lavatories; Exterior Lighting On Site Utilities: Electric Common; Heating Separate; Hot Water Common Owner Pays: Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water Potential Use: Office; Professional Road Frontage: Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Metal Sewer: City Sewer/Connected Stories: One Tenant Pays: Broadband; Cable TV; Telephone Topography: Level Wall Description: Drywall Water: City Water/Connected Window Features: Blinds

Contract Information

Contingency: None
ListPrice: 449900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 400
Street Name: Broadway
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Foley
County: Benton
State: MN
Zip Code: 56329
Complex/Dev/Subdivision: Holdridge Add

Assessments

Tax With Assessments: 8046
Assessment Balance: 0

Basement

Foundation Dimensions: 72x44
None: Yes

More Information

Building Information

Building Finished SqFt: 3168
Ceiling Height: 8-10

Income and Expenses

Annual Insurance Expense: 3150

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SCAAR
Combo: Yes

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Exterior Lighting: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 29
Section#: 26
Township#: 37

Sale Options

Sale Includes: Building, Land, Leases

Unit 1

Unit Number: Suite A01
Total Rooms: 2
Level: Main Level
Unit Total SqFt: 650
Leased?: Yes
Lease Expiration Date: 2026-12-31

Unit 2

Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Total Rooms: Yes
Unit Number: Suite A03
Unit Total SqFt: 250

Unit 3

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: Suite A04
Unit Total SqFt: 87

Unit 4

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: A05
Unit Total SqFt: 87

Unit 5

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: A06
Unit Total SqFt: 87

Unit 6

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: A07
Unit Total SqFt: 87

Unit 7

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: A08
Unit Total SqFt: 87

Unit 8

Lease Expiration Date: 2030-07-31
Leased?: Yes
Level: Main Level
Quarter Baths: 2
Total Bathrooms: 2
Unit Number: Suite B|B
Unit Total SqFt: 890

Unit Details

Total Units: 10

Office/Member Info

Association: SCAAR

Location, Tax and Other Information

Legal Description: SECT-26 TWP-037 RANGE-029 HOLDRIDGE ADDITION LOT-001 BLOCK-006 WLY 73.7 FT OF LOTS 1 & 2 & SLY 10 FT OF LOT 3 BLK 6
Listing City: Foley
Map Page: 999
Municipality: Foley
School District: Foley
School District Phone: 320-968-7175
Zip Plus 4: 8794
Property ID Number: 130052300
Tax Year: 2026
Tax Amount: 8046
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: In the heart of Foley stands a well-recognized office building with history, presence. purpose, and possibilities. This 3,168 SF commercial office building is well-divided into two primary units, offering flexibility for investors, owner-users, or future redevelopment. Half of the building is secured by a long-term lease; the other half is occupied by two professional office tenants with leases in place through 2026. Plus, six other office spaces are vacant, providing immediate opportunity for lease-up, expansion, or creative reconfiguration. The structure itself is solid with brick, steel, and zoned heating and air with central systems. This place is built to last and adaptable to evolve. Whether preserved, repositioned, or reimagined, the building offers a strong foundation for what comes next. Location is where this property really demands attention. Positioned on a highly visible corner lot along Hwy 23, the main artery through Foley, it benefits from daily traffic, strong sightlines, and natural exposure that cannot be replicated. In a city where commercial availability is limited, this site stands apart. For more than a decade, Foley experienced little to no new commercial development due to infrastructure limitations. That's over now. With sewer and water now connected to St. Cloud, the city has entered a new season of growth, marked with new construction, renewed confidence, and accelerated demand. Properties like this, already established in the city's core, are increasingly rare. This investment is all about location, time, and potential.
Directions: From Milaca: Head West on Hwy 23, turn Right onto Broadway Ave N From St Cloud: Head East on Hwy 23, turn Left onto Broadway Ave N Building #400

Accessible

Accessible for Hearing-Impairment: Yes
Door Lever Handles: Yes
Fully Wheelchair: Yes
Grab Bars In Bathroom: Yes
No Stairs External: Yes
No Stairs Internal: Yes

Air Conditioning

Central Air: Yes
Zoned: Yes

Amenities Unit

Ethernet Wired: Yes
Washer/Dryer Hookup: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Metal: Yes
Steel Siding: Yes

Fencing

None: Yes

Flooring

Carpet: Yes

Foundation

Slab: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes
Zoned: Yes

Internet Options

Cable: Yes

Lot Description

Corner Lot: Yes
Irregular Lot: Yes
Tree Coverage - Light: Yes

Owner Pays

Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Grounds Care: Yes
Hot Water: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage

Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Metal: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Topography

Level: Yes

Wall Description

Drywall: Yes

Water

City Water/Connected: Yes

Window Features

Blinds: Yes

No. of Ranges

None: Yes

No. of Refrigerators

None: Yes

Tenant Pays

Broadband: Yes
Cable TV: Yes
Telephone: Yes

On Site Utilities

Electric Common: Yes
Heating Separate: Yes
Hot Water Common: Yes

CMU Style

Office: Yes

Current Use

Office: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Potential Use

Office: Yes
Professional: Yes

Listing Office: New Century Real Estate

Last Updated: June - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.