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$475,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.206 Acres
  • Updated 2 days ago
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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.

Full Property Details for 400 Broadway Ave N

General

  • Price: $475,000
  • Taxes: $8,046 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7012553
  • Updated: 1/24/2026
  • Added to Site: 5 day(s) ago

Interior

  • Appliances: Electric Water Heater
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2

Additional Information

  • Amenities: Ethernet Wired, Washer/Dryer Hookup

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Benton
  • Township: Foley
  • Subdivision: Holdridge Add
  • Driving 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

School Information

  • School District: 1872 - Foley
  • High School District: Foley

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Zoned
  • Heating Type: Forced Air, Zoned
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Separate, Hot Water Common

Structural Information

  • Exterior Const.: Brick, Steel Siding
  • Foundation Size: 3168
  • Roof: Metal
  • Ceiling Height: 8-10
  • Disability Access: Fully Wheelchair, Grab Bars In Bathroom, Accessible for Hearing-Impairment, Door Lever Handles, No Stairs External, No Stairs Internal
  • Current Bldg. Use: Office
  • Year Built: 1970

Lot Features

  • Lot Size (Acres): 0.206
  • Lot Dimensions: 85 x 105
  • Frontage: Curbs, Paved Streets, Sidewalks
  • Potential Use: Office, Professional Service, Medical/Dental
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Irregular Lot, Light Tree Coverage

Financial Considerations

  • Tax Amount: $8,046
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, Insurance, Janitorial Service, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Broadband, Cable TV, Telephone
  • Pays Cable: Tenant Pays
  • Pays Electric: Owner Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • 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
  • Inclusions: Building, Land, Leases
  • Property ID: 130052300

Listed by New Century Real Estate

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— 400 Broadway Ave N —

  • New Century Real Estate

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 400 Broadway Ave N

School District:Foley Public School District
NameGradesDistance
Foley Elementary School
743 Penn Street, Foley, MN 56329
PK-30.3 mi
Foley Intermediate Elementary School
840 Norman Avenue North, Foley, MN 56329
4-80.3 mi
Foley Senior High School
621 Penn Street, Foley, MN 56329
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 Broadway Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$475,000
137.5%
MLS
11/24/2008
Sold
$200,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 400 Broadway Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,046
37%
$342,000
17%
2023
$5,876
39%
$291,800
24%
2023
$4,224
7%
$236,200
33%
2022
$3,962
-7%
$177,400
18%
2021
$4,246
—
$150,800
-2%
2020
$4,250
—
$154,600
11%
2019
$4,270
8614%
$139,800
-5%
2017
$49
-99%
$146,400
-1%
2017
$5,828
—
$148,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by New Century Real Estate

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400 Broadway Avenue N, Foley, MN 56329 (MLS# 7012553) is a Commercial property. 400 Broadway Avenue N is currently listed for $475,000 and was received on January 22, 2026. Want to learn more about 400 Broadway Avenue N? Do you have questions about finding other Commercial real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.

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