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Flexible Office Units with Storage
New
For Sale
$124,900

514 Faxon Rd N, Norwood Young America, MN 55368

Commercial office property with multiple work areas and storage near established local businesses.

Property SizeContact for details
Days on Market5

Property Features for 514 Faxon Rd N

General Information

Standard status Active

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $2,582
Listing Agency: RE/MAX Experience
Listed By: Brenda L Schmitz
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 6:11PM

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 RE/MAX Experience

Investment Insights

Based on property information with market context.

This office property at 514 Faxon Rd N includes multiple office and work areas along with dedicated storage space. The configuration offers a practical foundation for a business seeking distinct functional areas within one commercial setting.

The property is situated in Norwood Young America on Faxon Road, near other established local businesses. Its location provides a recognizable address for an owner-user or investor evaluating office space in the community.

Key Highlights

  • Multiple office and work areas
  • Dedicated storage space
  • Located at 514 Faxon Rd N in Norwood Young America, MN

Property Analytics

Current Use

Joshua Arnold Agency ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 55368, MN

2,305
Population
765
Households
3
Avg Household Size
41
Median Age
23%
College-Educated
99%
High-School Grad
34.2 sq mi
ZIP Area
67
Density / Sq Mi
$76,719
Median Household Income
$48,281
Median Earnings
$1,013
Median Rent
$289,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Commercial office property with multiple work areas and storage near established local businesses.
Where is this office units located?
The property is located at 514 Faxon Rd N Norwood Young America, MN.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Multiple office and work areas; Dedicated storage space; Located at 514 Faxon Rd N in Norwood Young America, MN
More about this property
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