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400 Broadway Ave N 3,300 SF 100% Leased Office Building Foley, MN 56329 $449,900 ($136.33/SF)



Investment Highlights
- Compelling value-add investment opportunity
- Highly visible
Executive Summary
This multi-tenant office building presents a compelling value-add investment opportunity. Multiple tenants are already in place providing immediate diversified income, while remaining space and strategic property enhancements offer significant upside potential for increased returns. Its prime location on a highly visible thoroughfare ensures excellent exposure and accessibility, making this property an ideal opportunity for investors or owner-users looking to capitalize on future growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,300 SF
Building Class
C
Year Built/Renovated
1970/1996
Price
$449,900
Price Per SF
$136.33
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,300 SF
Building FAR
0.37
Lot Size
0.21 AC
Amenities
- Signage
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13.00523.00 | Improvements Assessment | $306,000 |
| Land Assessment | $36,000 | Total Assessment | $342,000 |
Property Taxes
Parcel Number
13.00523.00
Land Assessment
$36,000
Improvements Assessment
$306,000
Total Assessment
$342,000
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Presented by
New Century Real Estate
400 Broadway Ave N
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