Northfield, MN Commercial Real Estate for Sale

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In-Fill Development Land Opportunity
Updated: Mar 24
In-Fill Development Land Opportunity

Division Street S, Northfield, MN 55057

$1,775,000
11.70 AC lot
Development opportunity with water available
In‑fill acreage within Northfield city limits along Division Street on the south side of town
N2‑B zoning supports a wide range of residential, mixed‑use, and select neighborhood commercial/retail uses (subject to city approvals)
Located between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street
Natural features include mature hardwood trees, wetlands, and seasonal wildlife
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Commercial Land with Highway Access
Updated: Oct 15, 2025
Commercial Land with Highway Access

Outlot Honeylocust, Northfield, MN 55057

$899,787
9.27 AC lot
9.27 acres of commercial land
Access to Hwy 3
Water available
Near Target, Cub Foods, several restaurants, and the Northfield Ice Arena
Final parcel subject to survey
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Flex Space with 18-Foot Ceilings
Flex Space with 18-Foot Ceilings

1371 Armstrong Rd, Northfield, MN 55057

$236,000
1,352 sqft

Commercial garage condominium with high-clearance interiors, substantial electrical service, floor drains, and bathroom rough-in.

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Retail/Office Space on Highway 3
Retail/Office Space on Highway 3

660 Professional Drive, Northfield, MN 55057

Contact for pricing
1,100 sqft

Prime retail/office space with high visibility and traffic.

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Highway Commercial Zoned Development Site
Highway Commercial Zoned Development Site

501 Professional Dr, Northfield, MN 55057

$215,000

Over one-acre commercial parcel zoned Highway Commercial (C2), positioned for a range of retail, office, service, and dining uses.

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Self-Storage Facility with RV Storage
Self-Storage Facility with RV Storage

4550 280th St W, Northfield, MN 55057

$1,800,000

Multi-format storage property with controlled entry, surveillance, and broad vehicle circulation areas.

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191 Acres Development Opportunity
191 Acres Development Opportunity

Interstate-35 And County Road 2, Northfield, MN 55020

Contact for pricing
191.00 AC lot

191 acres available for development in Elko New Market.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Northfield, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Indoor Athletic Facility
Indoor Athletic Facility

901 Cannon Road S, Dundas, MN 55019

$3,200,000

Large indoor athletic facility with planned improvements intended to support year-round permitted occupancy.

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Commercial Land
Commercial Land

550 Schilling Drive N, Dundas, MN 55019

$709,592

Commercially zoned land is offered for sale in Dundas, Minnesota.

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Industrial Land Near Highway 52
Industrial Land Near Highway 52

28441 Downing Way, Randolph, MN

Contact for pricing
14.54 AC lot

14-28 acre industrial sites with rail access near Hwy 52.

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Industrial Land Near Highway 52
Industrial Land Near Highway 52

28455 Downing Way, Randolph, MN

Contact for pricing
13.97 AC lot

Available industrial land with rail access and highway proximity.

View details

Off-Market Properties in Northfield, MN

Consider similar Off-Market properties in Northfield, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1316 Division S St
FUNERAL HOME

1316 Division S St, Northfield, MN 55057-2745

Estimated value:
$430,000
484 sqft 2.30 AC lot
View details
514 Division S St
RESTAURANT

514 Division S St, Northfield, MN 55057-2020

Estimated value:
$275,000
3,300 sqft 0.16 AC lot
View details
2121 Cannon Rd
VEHICLE SALES, RENTALS

2121 Cannon Rd, Northfield, MN 55057

Estimated value:
$65,000
5,582 sqft 0.70 AC lot
View details
450 Montessori Ct
RECREATIONAL, ENTERTAINMENT

450 Montessori Ct, Northfield, MN 55057-3291

Estimated value:
$455,000
11,690 sqft 2.90 AC lot
View details
619 Professional Dr
MIXED USE (COMMERCIAL/INDUSTRIAL)

619 Professional Dr, Northfield, MN 55057-2755

Estimated value:
$240,000
0.62 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$235,000
0.33 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$240,000
0.53 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$235,000
0.46 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$245,000
1.04 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$235,000
0.45 AC lot
View details
Northfield, MN 55057
MIXED USE (COMMERCIAL/INDUSTRIAL)

Northfield, MN 55057

Estimated value:
$290,000
6.94 AC lot
View details
Northfield, MN 55057
VEHICLE SALES, RENTALS

Northfield, MN 55057

Estimated value: by Request
19,440 sqft 5.23 AC lot
View details
528 Division S St
DRY CLEANER

528 Division S St, Northfield, MN 55057-2020

Estimated value:
$240,000
1,276 sqft 0.15 AC lot
View details
Northfield, MN 55057
APARTMENT HOUSE (5+ UNITS)

Northfield, MN 55057

Estimated value:
$270,000
1.96 AC lot
View details
506 Division S St
RETAIL STORES (PERSONAL SERVICES)

506 Division S St, Northfield, MN 55057-2020

Estimated value:
$385,000
1,540 sqft 0.05 AC lot
View details
115 5th W St
OFFICE (GENERAL)

115 5th W St, Northfield, MN 55057-2007

Estimated value:
$825,000
4,400 sqft 0.30 AC lot
View details
302 Division S St
RETAIL STORES (PERSONAL SERVICES)

302 Division S St, Northfield, MN 55057-2015

Estimated value:
$350,000
1,740 sqft 0.11 AC lot
View details

Northfield, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Northfield, MN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,452 square feet of properties for sale, with an estimated market value of $4,925,787.

Sale prices for business properties in Northfield, MN start at $215,000, averaging $985,157, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 25K
Population Growth (5Y) +1.5%
Median Household Income $97,521
College Educated 72.7%

High-Yield Neighborhoods for Investment

Identify Northfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55057 $821K

Taxes & Financing

Tax Rate (average for all types) 2.55%
Property Tax per SF $43.22 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

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