Twitter
Facebook
Email
|
Exceptional Development Opportunity in the Heart of Northfield This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible. The property's current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals. Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street. Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City. Seller financing is available, offering additional flexibility for qualified buyers.
| TRACT | Lot A Of Festler Sub | YEAR BUILT | 0 |
|---|---|---|---|
| COUNTY | Rice | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| LOT | 11.7 acre(s) |
|---|---|
| LOT DESCRIPTION | Level, Near Public Transit |
| LOT DIMENSIONS | 557x920x556x920 |
| SUBDIVISION | Lot A Of Festler Sub |
| TAXES | 2025 |
| UTILITIES | Underground Utilities, Electricity Available, Natural Gas Available, Water Available, None |
| WATERFRONT DESCRIPTION | Pond |
| ZONING | Residential-Multi-Family,Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Keller Williams Premier Realty Lake Minnetonka
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2026.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Matt
Steeves to contact you even if your name is on a Federal or State
"Do not call List".