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About This Home
This 4-bedroom, 2-bathroom single family at 16523 165th Street NE in Foley, MN is listed for $489,000 ($301 per sqft). Built in 2007, the home offers 1,623 sqft of living space on a 5.00 acres lot.
Work, live, and invest all in one place with this unique 5-acre opportunity in a highly visible location nearly equidistance NE of Foley and NW of Milaca!
This well-maintained 4-bedroom, 2-bath bi-level split home features a 2-car attached garage plus a 16x20 detached garage/pole shed, offering plenty of space for vehicles, storage, hobbies, or equipment.
Included with the property is the former Rum Shack Bar & Grill — a recently renovated commercial building full of potential for your next business venture. Located on a scenic, park-like corner lot at the intersection of Benton County Roads 7 and 22, the property offers exceptional visibility and abundant off-street parking for customers and guests alike.
The current owners, both contractors, recently completed major exterior updates including brand-new vinyl siding and architectural shingles in October 2025, ensuring years of low-maintenance ownership.
While previously operated as a popular bar and grill, the commercial space offers endless possibilities for future use. Ideal opportunities may include a daycare, pet grooming business, antique shop, convenience store, retail space, office, studio, or other home-based business ventures (subject to local approvals).
Rarely does a property combine comfortable living, business potential, acreage, and prime exposure all in one package.
Key Features
- Built in 2007
- 5.00 acre lot
Property Details
Monthly Cost Estimate
$2,615/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
16523 165th Street NE
Foley, MN 56329
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 16523 165th Street NE is listed at $489,000 ($301/sqft). The estimated monthly payment is $2,119 based on 20% down at 6.5% interest.
Key features include: Built in 2007, 5.00 acre lot. Exterior Features: Metal, Vinyl.
This property is listed by Paul J. Jackson and can be reached at 3209836664 or Paulhjre@gmail.com.


