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$499,000
/mo Edit
Single Family:  Split Entry (Bi-Level)
4 br • 2 ba • Built 2007
1,623 sqft • 5 acres
Milaca schools
MLS# 7067963
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    Property Description

    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.

    Listing

    Contingency: None
    Price per sq ft: $307
    City: Foley
    County: Benton
    State: MN
    Property Style: Split Entry (Bi-Level)
    Zip Code: 56329

    Interior

    Living Area: 1,623 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Fuel Tank - Rented
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 22 x 22
    Garage Size: 484 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: Central Air
    Foundation Size: 936 ft2
    Foundation Dimensions: 26x36
    Handicap Accessible: None
    Out Buildings: Pole Building
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Attached Garage
    Unit Amenities:
    • Deck
    • Kitchen Window
    • Patio
    • Washer/Dryer Hookup
    Road Frontage:
    • County Road
    • Paved Streets
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Upper Level Full Bath
    Dining/Kitchen: Kitchen/Dining Room
    Laundry:
    • Electric Dryer Hookup
    • Laundry Room
    • Lower Level
    • Sink
    • Washer Hookup
    Upper Level Size Sq Ft
    Bathroom  5 x 9.5  45 
    Deck  10 x 12  120 
    Dining Room  10 x 14  140 
    Bedroom  12 x 14  168 
    Kitchen  11 x 12  132 
    Living Room  14 x 15.5  210 
    Bedroom 2  12 x 12  144 
    Main Level Size Sq Ft
    Foyer  6 x 7  42 
    Patio  12 x 16  192 
    Lower Level Size Sq Ft
    Bathroom  5 x 8  40 
    Family Room  14 x 15.5  210 
    Bedroom 4  11 x 11.5  121 
    Laundry  9 x 16  144 
    Office  6 x 8  48 
    Bedroom 3  11 x 12  132 

    Lot & Land

    Acres: 5
    Geolocation: 45.8081660201, -93.824220832
    Lot Dimensions: 330 x 658
    Zoning:
    • Business/Commercial
    • Residential-Single Family
    Lot Description: Corner Lot

    Schools

    School District: 912
    District Phone: 3209827210

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,498
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,498
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Propane
    Sewer System:
    • Mound Septic
    • Private Sewer
    • Septic System Compliant - Yes
    • Shared Septic
    Water System:
    • Drilled
    • Private
    • Shared System
    • Well
    Power Company Name: East Central Energy

    Mortgage Calculator

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Hewitt Jackson Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.