For Sale
$1,995,000

1401 Division St Northfield, MN 55057

Prime Northfield land, development potential

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 11.7-acre commercial land parcel presents a rare opportunity within Northfield city limits. Located on Division Street South, between Spring Creek and Bridgewater Elementary Schools, and directly across from Northfield High School, this property boasts a highly desirable location. The land features established hardwoods, wetlands, and diverse wildlife. Zoned N2-B (Neighborhood General 2), it offers versatile development options, potentially including up to 100 units across various housing styles such as apartments (market-rate/55+), twin homes, single-family homes, and villas. Commercial and retail uses are also permitted. Seller financing is available. This in-fill acreage presents a unique chance to capitalize on Northfield's thriving community and strong schools. The property's size and zoning provide significant flexibility for a variety of development projects, making it an attractive investment for developers and builders seeking a prime location in a desirable Minnesota market. The convenient location near schools and established residential areas adds to its appeal. This is one of the last opportunities to acquire a property of this size and potential within the city limits.

Highlights

  • 11.7-acre commercial land parcel in Northfield, MN.
  • Located on Division Street South, near schools.
  • N2-B zoning allows for diverse development (up to 100 units: apartments, townhomes, single-family homes, villas, commercial, retail).
  • Seller financing available.

Property Details for 1401 Division St

Property type
Land
Lot Size (sq. ft)
509,652 SF

Location Insight

City
Northfield
County
Rice
State
Minnesota
Latitude
44.44342029959
Longitude
-93.160692313223
1401 Division St, Northfield, Minnesota

FAQs

What type of property is this?
Land - Prime Northfield land, development potential
Where is the land located?
The property is located at 1401 Division St Northfield, MN.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 11.7-acre commercial land parcel in Northfield, MN.; Located on Division Street South, near schools.; N2-B zoning allows for diverse development (up to 100 units: apartments, townhomes, single-family homes, villas, commercial, retail).
How can I contact the broker?
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1401 Division St
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