Three-Story Mixed-Use
For Sale
$1,650,000
429 Division Street S, Northfield, MN 55057
The property combines Division Street retail spaces with professional offices, apartments, and additional areas for potential subdivision.
Property Size18,523 SF
Price / SF$89.08
Days on Market136
Property Features for 429 Division Street S
General Information
Standard status
Active
Size
18,523 SF
Property subtype
Commercial
Zoning
Business/Commercial
Site & Location
Corner Location
Yes
Road Access
Yes
Utilities to Site
Yes
Mixed-Use Components
retail, office, residential
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$36,638
Building Details
Building Size
18,523 SF
Year Built
1865
Buildings
1
Stories
3
Units
25
Construction
brick
Tenancy
Multi
Listing Agency:
Home Crown Realty LLC
(218) 584-5350
Listed By:
Brandyn Dahl · License #20532109
(701) 238-0902
Source:
Homecrownrealty
Added: Jun 17
Changed: Oct 25
Last Checked: Oct 29 at 10:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Crown Realty LLC
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Investment Insights
Based on property information with market context.
At 429 Division Street S, this three-story mixed-use property brings together retail, service, professional office, and residential space. Three retail units face Division Street, while the building also includes second-level offices with shared bathrooms and a coffee area, apartments, and space used as a professional artist center. Additional areas on 5th Street offer potential for subdivision, with storage also located toward the rear. The property was built in 1865 and is zoned Business/Commercial.
Building improvements include a tuckpointed brick exterior, a Carlisle membrane roof with added insulation, updated plumbing and sewer piping, and a 1,200-amp multi-meter electrical system. Heating and cooling are zoned, with newer boilers and condensers. Large exterior windows, interior corridor windows, high ceilings, and LED lighting are among the building’s features.
The property is in historic downtown Northfield at Division Street and 5th Street, near the Cannon River area. On-street parking is available on 5th Street and Washington Street, with a public city parking area adjoining the property to the east. The building has been fully occupied apart from tenant turnover, with tenants in place for as long as 30 years.
Building improvements include a tuckpointed brick exterior, a Carlisle membrane roof with added insulation, updated plumbing and sewer piping, and a 1,200-amp multi-meter electrical system. Heating and cooling are zoned, with newer boilers and condensers. Large exterior windows, interior corridor windows, high ceilings, and LED lighting are among the building’s features.
The property is in historic downtown Northfield at Division Street and 5th Street, near the Cannon River area. On-street parking is available on 5th Street and Washington Street, with a public city parking area adjoining the property to the east. The building has been fully occupied apart from tenant turnover, with tenants in place for as long as 30 years.
Key Highlights
- Three‑story mixed‑use property built in 1865
- Three retail spaces front Division Street
- Business/Commercial zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,262
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 32%
Groceries 17%
Hotels & Casinos 3%
Kwik Trip
Shops & Services
30,293 visits/mo
0.3 miles
Family Fare
Groceries
17,468 visits/mo
0.1 miles
Taco Bell
Dining
11,539 visits/mo
0.2 miles
Caribou Coffee
Dining
8,737 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
6,655 visits/mo
0.3 miles
Demographics for 55057, MN
25,519
Population
8,494
Households
3
Avg Household Size
34
Median Age
49%
College-Educated
97%
High-School Grad
124.7 sq mi
ZIP Area
205
Density / Sq Mi
$97,521
Median Household Income
$27,507
Median Earnings
$1,042
Median Rent
$338,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines Division Street retail spaces with professional offices, apartments, and additional areas for potential subdivision.
Where is this mixed-use property located?
The property is located at 429 Division Street S Northfield, MN.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Three‑story mixed‑use property built in 1865; Three retail spaces front Division Street; Business/Commercial zoning
