Xxxx Division Street S,Northfield, MN 55057
Northfield, MN 55057
Description
Exceptional Development Opportunity in the Heart of Northfield This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible. The property’s current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals. Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street. Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City. Seller financing is available, offering additional flexibility for qualified buyers.
Details
| MLS # | 7042035 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 149 |
| Listing Provided By | Keller Williams Premier Realty Lake Minnetonka | Donavon DesMarais |
Features
| Zoning | Residential-Multi-Family,Other |
|---|---|
| Acreage | 11.70 |
| Water Front | Yes |
Exterior
| Lot Features | Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities |
|---|
Utilities
| Utilities | Broadband Available, Electricity Available, Natural Gas Available, None Connected, Storm Sewer Available, Water Available |
|---|
Taxes
| Property | 2025 |
|---|
Area Information
| State | MN |
|---|---|
| County | Rice |
| City | Northfield |
| Zip Code | 55057 |
| Community Name | Lot A Of Festler Sub |
| School District | 659 |
| High School | Northfield |
| Listing VS Median (in Lot A Of Festler Sub) | |
Price: $1,775,000 low | high Med: $0 On site: 149 low | high Med: | |
Market Activity 55057
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 20, 2026 at 11:15:41 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | MN |
|---|---|
| County | Rice |
| City | Northfield |
| Zip Code | 55057 |
| Community Name | Lot A Of Festler Sub |
| School District | 659 |
| High School | Northfield |
| Listing VS Median (in Lot A Of Festler Sub) | |
Price: $1,775,000 low | high Med: $0 On site: 149 low | high Med: | |
