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    528 Division St Northfield, MN 55057

    Sponsored
    For Sale
    $740,000

    Prime Location, High Potential, Two Buildings

    Property size:
    2,970 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Northfield commercial property, located at 528 Division Street South, presents a unique investment opportunity. The property encompasses a total of 2,970 square feet situated on a 0.15-acre lot. The existing structure comprises two buildings, one single-story and one two-story, offering significant flexibility for a variety of uses. The zoning allows for retail, service, office, or restaurant/entertainment ventures. The adaptable layout allows for either a single-use business or the creation of multiple, separate businesses, thanks to the potential for partitioning with separate entrances. The two-story building features an unfinished second floor, presenting a substantial opportunity for expansion or customization to meet specific business needs. This prime Division Street location offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs and investors seeking a high-potential commercial property in a thriving Northfield market. The asking price is $740,000. This property is ready for your vision and offers a chance to establish a successful business or build a strong investment portfolio. Don't miss this chance to own a piece of Northfield's vibrant commercial landscape.

    Property Features for 528 Division St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,970 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Rice
    State
    Minnesota
    Longitude
    -93.16046
    Latitude
    44.45415

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High Potential, Two Buildings
    Where is this commercial real estate located?
    The property is located at 528 Division St Northfield, MN.
    What is the asking price?
    The asking price for this property is $740,000.
    (952) 432-7200
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    528 Division St Northfield, MN 55057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    528 Division St Northfield, MN 55057
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