XXXX Division Street S, Northfield, MN 55057

$1,775,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,775,000
Price Change
▼ $100,000 1778535405
MLS#
7042035
Status
ACTIVE
Type
Land
Acres
11.70
Subdivision
Lot A Of Festler Sub

Property 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.

Additional Information

School District
Northfield
Tax Year
2024
Restrictions
Open
Waterfront Features
Pond
Fencing
None
Lot Description
Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities
Topography
Level

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.