528 Division S St Northfield, MN 55057-2020
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.