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Light Commercial Development Land
For Sale
$72,122

1622 Enterprise Drive SE, Chatfield, MN 55923

LAND - Chatfield, MN

Property SizeContact for details
Lot Size0.83 Acres
Days on Market1307

Property Features for 1622 Enterprise Drive SE

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial
Subdivision Fingerson & Donahoe First Sub
Lot features Corner Lot, Irregular Lot
High school district Chatfield
Directions Hwy 52 in Chatfield, Northerly on Hillside Dr SE (opposite golf course), Easterly on Enterprise Drive.
Standard status Active
APN 260666000
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Utilities Water Available
Listing Agency: Elcor Realty of Rochester Inc.
Listed By: Tim Danielson
Added: Jan 17, 2023 Changed: Jun 29 Last Checked: Aug 16 at 10:06PM
MLS# 6324605

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of city-owned development lots totaling 0.83 acres, presented for sale with utilities already in place. The parcel is described as ready for engineering and design work, supporting a straightforward path from site planning to permitted development. Zoned B-3 (Light Commercial), the property is suited for a range of light commercial and service-oriented uses.

The lots are located along Enterprise Drive, just off Highway 52 in Chatfield, MN. Public remarks indicate the area is near the community’s major employers, giving prospective developers and operators a commercial context for their intended improvements.

From a tenant and operator standpoint, the B-3 zoning and utility-ready status make this land a practical option for uses such as small contractors, service shops, warehouse and/or storage, and showrooms, as noted in the remarks. For buyers, the ability to move directly into engineering and site/build design can help reduce early-stage friction when planning a new light commercial development.

Key Highlights

  • City‑owned lots ready for development along Enterprise Drive
  • Located just off Highway 52 next to Chatfield’s major employers
  • Zoned B‑3 (Light Commercial) for a variety of uses, including small contractors and service shops

Property Analytics

Current Use

Industrial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

Demographics for 55923, MN

4,705
Population
1,789
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
126.1 sq mi
ZIP Area
37
Density / Sq Mi
$93,446
Median Household Income
$50,241
Median Earnings
$709
Median Rent
$251,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - City-owned lots in a B-3 district with utilities available for engineering and site/build planning.
Where is this industrial land located?
The property is located at 1622 Enterprise Drive SE Chatfield, MN.
What is the asking price?
The asking price for this property is $72,122.
What are key features of this property?
This property features: City‑owned lots ready for development along Enterprise Drive; Located just off Highway 52 next to Chatfield’s major employers; Zoned B‑3 (Light Commercial) for a variety of uses, including small contractors and service shops
More about this property
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