Division Street S, Northfield, MN 55057

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.