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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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Xxxx Division Street S, Northfield, MN 55057
$1,875,000
LOT SIZE 11.700 acres
MLS# 7042035
STATUS: Active
PROPERTY TYPE: Land - Residential
SUBDIVISION: Lot A Of Festler Sub
SCHOOL: Northfield
Property Description
Exceptional Development Opportunity in the Heart of NorthfieldThis 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.
Property Features
Property Type: Land - Residential Lot Size: 11.70 Acres Taxes: $2,025
Feature Descriptions
Days on Site: 24
Development Status: Raw Land
Improvements: Public Road, Sidewalks
Lot: Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities
Lot Dimensions: 557x920x556x920
Topography: Level
Utilities: Broadband Available, Electricity Available, Natural Gas Available Connected, Storm Sewer Available, Water Available
Water: Pond
Local Schools
School District: Northfield
Listed By / Shown By
Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111
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Estimated Payment
$ 10,695.16 per month
$9,979.54 Principal & Interest
$168.75 Property Tax
$546.88 Homeowner's Insurance
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Xxxx Division Street S | MLS# 7042035
This land located at Xxxx Division Street S, Northfield, MN 55057 is currently listed for sale with an asking price of $1,875,000. The property has approximately 11.70 Acres. Xxxx Division Street S is located within the Northfield school district. Search Northfield real estate on nanderson.counselorrealty.com today.