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$479,999
7024205 MLS
Prime Development Land in Northfield, MN Discover a unique investment opportunity with this approximately 5-acre parcel, ideal for multifamily development in Northfield, MN. Perfectly positioned close to schools, shopping, dining, and major highways, this property offers convenience and growth potential. - **Location:** Centrally located with easy access to amenities. - **Zoning:** N2-B – Neighborhood General - Ready for multifamily development. - **Utilities:** Water, sewer, electricity, and gas available at the site. New connections to water & sewer will need to be installed. - **Topography:** On high-ground - **Attractions:** Near St. Olaf and Carleton Colleges, downtown Northfield, and scenic parks. #### Development Potential: With a growing demand for quality housing, this land is perfect for apartments, townhomes, or condos. Northfield's thriving community, strong economy, and beautiful surroundings make this an ideal investment.

440 Water Street N, Northfield

Listing courtesy of Revival Commercial Real Estate.

$323,000
3 Beds 2 Baths 7016004 MLS
A beautifully maintained 3-bedroom, 2-full-bath home offering a spacious and comfortable layout throughout. The highlight of the property is the oversized Primary Bedroom, complete with an amazing walk-in closet that provides exceptional storage and convenience. The updated kitchen features granite countertops, engineered wood flooring, and marble floors, creating a stylish and durable space for cooking and entertaining. The fully fenced yard offers privacy and is perfect for outdoor enjoyment, pets, or gatherings. Major updates include a new roof (2022) and new water heater (2022), giving buyers peace of mind and reduced maintenance costs. This home blends modern updates with functional living spaces—an excellent opportunity for any buyer.

301 Aster Drive, Northfield

Listing courtesy of National Realty Guild.

$299,900
1 Beds 1 Baths 6823984 MLS
Rare opportunity to own a one bed/one bath, light-filled condo in the heart of downtown Northfield where local grocery stores, restaurants, shops, services, and seasonal events are at your doorstep. Zoned both residential/commercial with a secure entrance, you can live and work, vacation, operate your business, use as short- and long-term rental, or a combination of the above. No worries about major projects or financial investments as the building was taken down to the studs and renovated in the early 2000s with recent replacement of ac, boiler, and water heater in the past five years. And this unique upstairs unit overlooking main street was completely remodeled to create open living on the main floor, featuring super tall ceilings and windows, refurbished barnwood built-ins, hardwood floors and an exposed brick and limestone wall. The newly carpeted loft is spacious enough for an executive office, tv or reading area, bedroom, or whatever you imagine. Also, the modest monthly HOA fee goes towards a savings reserve for unexpected repairs and covers the high cost of heat along with water/sewer, hazard insurance and maintenance of building exterior. Frontage street parking is available during winter; owners can obtain city permits for nearby public lots. Or just bike or walk about town. As a dual zone space that can generate income for years to come, cash or special financing is required. If interested, seller lender has program for qualified buyers.

500 Division Street S Unit 7, Northfield

Listing courtesy of RE/MAX Advantage Plus.

$349,999
6824297 MLS
Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses. The lot features flexible topography, multiple potential building areas, and scenic views overlooking a natural pond/wetland along the eastern boundary. Utilities are available in the street, and the site configuration allows for efficient circulation, parking layouts, and phased development. An excellent opportunity for an investor, owner-user, medical/office developer, hospitality concept, or mixed-use commercial project seeking visibility, access, and strong traffic counts.

1910 Cardinal Lane, Faribault

Listing courtesy of Revival Commercial Real Estate.

$236,000
6780959 MLS
Introducing Northfield’s newest commercial garage condos, designed for both business and personal use! These newly constructed units feature 200 Amp electrical service, are soft-plumbed for a future bathroom, and include floor drains for added convenience. With soaring 18-foot ceilings and oversized 12' x 14' garage doors, these spaces are ideal for a wide variety of uses. The builder also offers a range of customization options, including mezzanine slots for future build-out and other upgrades to fit your needs. Estimated Completion: 10/15/2025 Property Taxes: Pending. Final assessment and amount to be determined by Rice County based on use (commercial or personal). PID Information: Property currently shares a parent PID. Each garage condo unit will receive its own PID upon completion and recording with Rice County. These units won’t last long, secure your space today in Northfield’s growing industrial corridor!

1371 Armstrong Road, Northfield

Listing courtesy of eXp Realty.

$236,000
6773333 MLS
Move-in ready commercial garage condo in Northfield’s growing industrial corridor! Built for both business and personal use, this newly constructed unit offers 200 Amp electrical service, floor drains, natural gas heater, and is soft-plumbed for a bathroom. Enjoy 18-foot ceilings with a large 12' x 14' garage door for excellent clearance and access. The builder also provides custom add-ons, including mezzanine slots for future build-out, allowing you to tailor the space to your needs. Property Taxes: Pending, final amount determined by Rice County based on use. PID Information: Currently shares a parent PID; individual PID will be assigned upon recording with Rice County. A versatile, high-quality space ready for immediate occupancy!

1373 Armstrong Road, Northfield

Listing courtesy of eXp Realty.

$585,900
5 Beds 3 Baths 6775220 MLS
Looking for a Mother in-law apartment or wanting extra income? Seller has recently finishe off LL kitchen with custom cabinets, SS Apps and quartz countertops, making this area a perfect rental opportunity 1 bed, 1 ba separate entrance. 1880 Historic Northfield Home- Fully updated with Historic Charm. Beautifully remodeled home blending classic character with modern conveniences. Perfect for a single family living or potential multi-family options. Seller has recently finished off LL kitchen for potential mother in-law apartment or extra rental opportunities. This property marries 1880s charm with todays comforts: updated kitchen & Baths, electrical, plumbing, sanded hardwood floors, roof, siding , insulation, functional spaces for living & working, multiple sleeping areas and abundant entertaining spaces both inside & out. With prime access to local colleges and a strong potential for varied occupancy, makes it a standout opportunity in Nrfld. Attic and area above garage have blown insulation and are finished, but DO NOT currently have htg or cooling, adding to both areas could unlock full usibility. Close to Carleton & St Olaf, ideal for families, investors, or anyone seeking flexible living arrangements. Key features of this home are extensive. Please inquire or ask your agent to provide. Information deemed reliable. Agent & buyer to verify measurements.

917 Division Street S, Northfield

Listing courtesy of Prandium Group Real Estate.

$362,000
2 Beds 2 Baths 6769405 MLS
Luxury, Light, Livability. Treasure treetop, panoramic views of the western sky from this extraordinary, two bedroom, two bath, top floor contemporary condo. Admire the light radiating from expansive, floor to ceiling windows, a 10' ceiling, an exquisite kitchen with granite counters, custom designed cabinets, tiled backsplash, and stainless steel appliances, a primary suite with separate closets, paneled doors, a pocket door, a covered deck, and top floor living to watch eagles, hawks, and clouds. Enjoy the community room with a kitchenette, deck, grills, and patio overlooking the Cannon River, workout in the exercise room, and leisurely stroll along the Cannon River trail or downtown Northfield. Welcome to The Crossing of Northfield Condominiums.

101 Saint Olaf Avenue Unit 407, Northfield

Listing courtesy of Coldwell Banker Realty.

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