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About This Home

This 0-bedroom, 0-bathroom commercial at 16523 NE 165th Street in Foley, MN is listed for $489,000. Built in 1983, on a 5.00 acres lot.

Agent Description

Live, Work & Create on One Incredible 5-Acre Property

Unlock the potential of this rare residential and commercial property set on 5 beautiful park-like acres. Formerly home to the well-known Rum Shack Bar & Grill, this one-of-a-kind opportunity blends comfortable country living with endless business possibilities.

The residential portion features a well-maintained 4-bedroom, 2-bath home with an attached 2-car garage and a 16x20 pole shed — ideal for storage, equipment, hobbies, or workshop space. (See MLS #7067963 for more details)

This commercial building is fully equipped and ready for its next venture, offering a 1,612 sq. ft. of bar, kitchen, and restaurant space, handicap-accessible his-and-hers restrooms and 308 sq. ft. walk-in cooler.

Outdoor entertaining areas including a 16x24 open-air patio and a distinctive 18-foot agricultural bin-style patio/firepit space with rustic charm and laid-back character

Surrounded by peaceful countryside yet packed with opportunity, this versatile property is ideal for a wide range of uses. Reopen it as a bar and grill, event venue, retail space, office, antique shop, daycare, retreat center, or design the ultimate live/work destination tailored to your vision. Whether you're an entrepreneur, investor, or someone seeking space to live and create, this property offers the flexibility and character to make it your own.

A rare chance to combine lifestyle, business, and opportunity — all in one remarkable property.

Key Features

  • Built in 1983
  • 5.00 acre lot

Property Details

1983

Monthly Cost Estimate

$2,615/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,119
Insurance$143

Estimates only. Actual payments may vary.

Location

16523 NE 165th Street

Foley, MN 56329

Features & Amenities

Exterior Features

Engineered WoodMetal

Property Details

Flooring

Concrete

Parking

Parking LotPaved or Surfaced

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 16523 NE 165th Street is listed at $489,000. The estimated monthly payment is $2,119 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 5.00 acre lot. Exterior Features: Engineered Wood, Metal.

This property is listed by Paul J. Jackson and can be reached at 3209836664 or Paulhjre@gmail.com.

PJ

Paul J. Jackson

Agent at Hewitt Jackson Real Estate

(320) 983-6664

Listed by Hewitt Jackson Real Estate · View on Broker Site

MLS# 7067966· Source: listhub· Updated 25 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16523 NE 165th Street, Foley, MN 56329

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