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Foley Office Suites 400 Broadway Ave N 3,168 SF 100% Leased Office Building Foley, MN 56329 $606,006 CAD ($191.29 CAD/SF)
Investment Highlights
- Compelling value-add investment opportunity
- Highly visible
Executive Summary
400 Broadway Ave N offers a rare opportunity to acquire a well-maintained professional office building with immediate rental income, flexible occupancy options, and meaningful long-term upside. Recent lease amendments provide a future owner with enhanced occupancy flexibility through predetermined owner buyout provisions, reducing uncertainty while preserving current rental income. Existing tenants provide in-place cash flow while multiple vacant offices create opportunities for increased revenue, owner occupancy, or business expansion. Positioned on one of Foley's most visible corridors with excellent access, ample parking, and a versatile office layout, this property is ideally suited for investors seeking growth or owner-users looking to control their future while benefiting from supplemental rental income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,168 SF
Building Class
C
Year Built/Renovated
1976/1996
Price
$606,006 CAD
Price Per SF
$191.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,168 SF
Building FAR
0.20
Lot Size
0.37 AC
Zoning
B-2 Central Business Dist - Buyer to verify all zoning requirements
Amenities
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
- Awning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13.00523.00 | Improvements Assessment | $424,645 CAD |
| Land Assessment | $49,844 CAD | Total Assessment | $474,489 CAD |
Property Taxes
Parcel Number
13.00523.00
Land Assessment
$49,844 CAD
Improvements Assessment
$424,645 CAD
Total Assessment
$474,489 CAD
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Foley Office Suites
Foley Office Suites | 400 Broadway Ave N
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