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Active
$199,900
/mo Edit
Commercial:  Other
Built 1900
0.014 acres
Northfield schools
MLS# 7074200
My rating:
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    Property Description

    Rare Opportunity in Historic Downtown Northfield – Business Condo for Sale - located on one of the busiest intersections in Northfield at the corner of 500 Division St. S. and 101 5th St. W. !!! Bring your vision to life in this one-of-a-kind business condo nestled within a beautifully preserved limestone building in the heart of historic downtown Northfield. Rich in character and architectural appeal, this distinctive lower-level space showcases exposed limestone walls, warm industrial design elements, in-floor heat, and an atmosphere that is both timeless and contemporary. Accessed by a private exterior stairway, the flexible floor plan includes a spacious open-concept gathering area, a private office, additional storage, and shared common entry and restroom facilities. Whether you're an entrepreneur, investor, or established business owner, this space offers exceptional versatility. Envision a boutique event venue, cocktail lounge, private dining space, corporate meeting center, creative studio, professional office, wellness practice, fitness or yoga studio, or an inspiring coworking environment. The dramatic architecture and unique aesthetic create an unforgettable setting that can elevate virtually any business concept. Located in one of Minnesota's most beloved downtown districts, you'll enjoy the prestige, walkability, and energy of Northfield's vibrant business community. With forced-air heating and air conditioning complementing the comfortable in-floor heat, this property is designed for year-round comfort. Opportunities to own a commercial space with this much character, flexibility, and potential are exceptionally rare. If you're looking to create something truly memorable, this is your chance to make your mark in one of the region's most desirable downtown destinations.

    Listing

    Contingency: None
    City: Northfield
    County: Rice
    State: MN
    Property Style: Other
    Zip Code: 55057
    Subdivision Name: Holland 22363 Un 01&2 Cic 70

    Interior

    Ceiling Height: 8-10
    Flooring: Concrete Slab, Wood
    Refrigerators: None
    Appliances Included: None

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air, Zoned
    Foundation Size: 627 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    • In-Floor Heating
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick
    • Stone

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.014
    Geolocation: 44.454972, -93.160349
    Inclusions: Other
    Lot Dimensions: Common
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 659
    District Phone: 5076630629

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,486
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,486

    Units

    Total Units: 1
    Unit Number: #2

    Miscellaneous

    Current Use:
    • Office
    • Professional Service
    • Professional/Office
    • Vacant
    Fuel System: Natural Gas
    Sewer System: Shared Septic
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Separate
    Water System: None

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.