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347 Glen St 347 Glen St

34,500 SF Industrial Building Foley, MN 56329 $3,200,000 ($93/SF)

Investment Highlights

  • Heavy electrical
  • Above average condition
  • Easy loading, unloading

Executive Summary

347 Glen St Foley, MN is a rare opportunity to step into a very well maintained food grade production facility at a great price. There was prep work done for a proposed 35,000sf addition if future expansion is a need for your client.

Attachments

347 For Sale-7

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes $53,484 $1.55
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual $53,484
Annual Per SF $1.55
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $53,484
Annual Per SF $1.55

Property Facts

Price $3,200,000
Price Per SF $93
Sale Type Owner User
Property Type Industrial
Property Subtype Food Processing
Building Class B
Lot Size 4.75 AC
Rentable Building Area 34,500 SF
No. Stories 1
Year Built/Renovated 1997/2016
Tenancy Single
Parking Ratio 1.77/1,000 SF
Clear Ceiling Height 32 FT
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 1

Amenities

  • Bio-Tech/ Lab Space
  • Cooler
  • Freezer (Space)
  • Front Loading
  • USDA/FDA
  • Storage Space

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 34,500 SF
  • Industrial
  • -
  • Now

347 Glen St. in Foley MN brings a rare opportunity to step into a well maintained food grade building with a 32' clear height in the warehouse, heavy power, high visibility, and 6 dock doors. The property was until recently a fully operational food packaging and processing facility. The site has had the production specific equipment removed.

Space Size Space Use Condition Available
1st Floor 34,500 SF Industrial - Now

1st Floor

Size
34,500 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 34,500 SF
Space Use Industrial
Condition -
Available Now

347 Glen St. in Foley MN brings a rare opportunity to step into a well maintained food grade building with a 32' clear height in the warehouse, heavy power, high visibility, and 6 dock doors. The property was until recently a fully operational food packaging and processing facility. The site has had the production specific equipment removed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13.00670.00
  • 13.00672.00
  • 13.00673.00
  • 13.00671.00
Land Assessment
$233,500
Improvements Assessment
$1,706,500
Total Assessment
$1,940,000
Annual Taxes
$53,484 ($1.55/SF)
Tax Year
2023 Payable 2023

zoning

Zoning Code B-2 (Highway business district)
B-2 (Highway business district)
  • Listing ID: 30684641

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 347 Glen St, Foley, MN 56329

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