Affinity Real Estate in Park Rapids MN
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MLS 7067966
Commercial

$499,000

16523 165th NE Street
Foley MN 56329

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.

Additional Details

Year Built: 1983
Acres: 5 Acres
Lot Dimensions: 5 acres
School District: 912
County: Benton
Taxes: $3,498
Taxes with Assessments: $3,498
Tax Year: 2026
CurrentUse: Restaurant, Bar/Tavern

Additional Features

Basement: None
Fuel: Propane
Sewer: Mound Septic, Septic System Compliant - Yes
Water: 4-Inch Submersible, Drilled, Shared System, Well
Air Conditioning: Central Air
Roof: Age 8 Years or Less, Asphalt, Pitched

Listing Status

Active
2026-05-09 04:39:51 Date Listed
2026-05-09 04:39:51 Last Update
2026-05-09 04:39:51 Last Photo Update

Listed by Hewitt Jackson Real Estate

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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Affinity Real Estate in Park Rapids MN
MAIN MENU   |   COMMERCIAL  |  7067966