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DF & Company, Inc is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":574288,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7093064","MLSAGENTID":"NST505002852","MLSOFFICEID":"NST40355","ADDRESS":"429 Division Street S","ACRES":0.1591,"AGENTOWNER":true,"AUCTIONYN":false,"BASEMENT":"None","BATHSTOTAL":3.0,"BEDROOMS":5.0,"CITY":"Northfield","CONTINGENCY":"None","COUNTY":"Rice","CURRENTUSE":"Professional/Office,Commercial,Office,Professional Service,Residential,Retail","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick,Frame","FORECLOSURE":"No","LASTPRICE":1650000.0,"LASTPRICEDATE":"2026-06-18T13:04:06.62","LATITUDE":44.455311,"LENDEROWNED":"No","LISTDATE":"2026-06-17T05:00:00","LISTPRICE":1650000.0,"LIVINGAREA":18523.0,"LONGITUDE":-93.159819,"LOTDESCRIPTION":"Public Transit (w/in 6 blks),Corner Lot,Property Adjoins Public Land,Tree Coverage - Light,Zero Lot Line","MODIFICATIONTIMESTAMP":"2026-06-18T13:04:06.619","OFFICE_OFFICENAME":"DF & Company, Inc","PHOTOCOUNT":23,"POSTALCODE":"55057","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Agent is Owner. Welcome to Historic downtown Northfield. This property is located at the gateway to the Central Downtown or the Corner of Division Street and 5th Street or Directly East of the Historic Cannon River Area. Property is a three-story multi-tenant building with on street parking on 5th Street, Washington Street and Large Public City parking adjoining the property to the east. The building has been lovingly renovated over the 35 years by current ownership including 100% tuckpointed brick exterior, Carlisle membrane roof system with added roof insulation on exterior and interior. Plumbing services updated throughout as well as sewer piping to the street. The electric is a 1200 amp multi-meter system and the heat and cooling zoned with newer condensers and newer boilers. The building features large Marvin Windows on the exterior with interior transit windows in corridors for natural light. Historic trim had remained intact, but steel framed solid core paneled doors with window glass for marketing. Also, solid panel oak added to meet fire code. High ceilings with modern LED lighting. All units renovated and updated overall span of ownership. \n The retail service areas are on Division Street with three retail spaces. On 5th Street mid entry for potential subdivided rental area and to the rear additional storage area, entry to another potential subdivided area and one lofted apartment. Building has a 5th street directory to second level professional offices with bathrooms and coffee center. This same area includes a historic staircase to third level apartments and professional artist center with large lounge and bathroom area. Many long-term tenants dating back 30 + years. Very healthy mix of retail, service, professional office, apartments and professional office. This building is only offered for sale due to owner’s retirement and relocation. The building has been 100% occupied short of change over due to owner’s desire to update or renovate areas when opportunity was created. Wonderful 1031 exchange opportunity for many. Interested parties can request a marketing package with more details and history.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Age Over 8 Years,Pitched,Rubber","SALEINCLUDES":"Building,Business,Fixture/Equipment,Land,Leases,Other,Rental License","SCHOOLDISTRICTNUMBER":"659-Northfield","SCHOOLDISTRICTPHONE":"5076630629","SEWER":"City Sewer/Connected,City Sewer - In Street","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-06-18T13:04:06.62","LASTSTATUS":"Active","STREETDIRSUFFIX":"S","STREETNAME":"Division","STREETNUMBER":"429","STREETSUFFIX":"Street","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected,City Water - In Street","WATERFRONTPRESENT":false,"YEARBUILT":1865,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-06-18T13:04:06.619","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Division Street or Retail Areas\"},{\"Order\":2,\"Remarks\":\"South Elevation\"},{\"Order\":3,\"Remarks\":\"South and East Elevation\"},{\"Order\":4,\"Remarks\":\"Rear Accesses\"},{\"Order\":5,\"Remarks\":\"Directory\"},{\"Order\":6,\"Remarks\":\"Walkways - View to 5th Street\"},{\"Order\":7,\"Remarks\":\"New Lighted 2nd Level Entry\"},{\"Order\":8,\"Remarks\":\"Deck Landing to Parking Access\"},{\"Order\":9,\"Remarks\":\"Parking Access\"},{\"Order\":10,\"Remarks\":\"Public Parking\"},{\"Order\":11,\"Remarks\":\"5th Street to Hwy 10-35W\"},{\"Order\":12,\"Remarks\":\"IMG_4037.JPG\"},{\"Order\":13,\"Remarks\":\"5th Street to Washington\"},{\"Order\":14,\"Remarks\":\"2nd Level Entry\"},{\"Order\":15,\"Remarks\":\"Coffee Center\"},{\"Order\":16,\"Remarks\":\"Female Bathroom\"},{\"Order\":17,\"Remarks\":\"Male Bathroom\"},{\"Order\":18,\"Remarks\":\"Community Room\"},{\"Order\":19,\"Remarks\":\"3rd Level Corridor\"},{\"Order\":20,\"Remarks\":\"Staircase Down\"},{\"Order\":21,\"Remarks\":\"Newer Boilers\"},{\"Order\":22,\"Remarks\":\"Front View\"},{\"Order\":23,\"Remarks\":\"Retail View\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23","SOURCE":"MG_NST"}
{"ListingKey":"NST7918283","AccessibilityFeatures":"Doors 36\"+,Grab Bars In Bathroom,Hallways 42\"+,Door Lever Handles","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","NST_AmenitiesUnit":"Balcony,Ceiling Fan(s),City View,Deck,Ethernet Wired,Local Area Network,Multiple Phone Lines,Paneled Doors,Panoramic View,Security System,Security Lights","Appliances":"Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Refrigerator","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"None","BasementYN":"True","BathroomsTotalInteger":"3","BedroomsTotal":"5","BuildingAreaTotal":"18523","CumulativeDaysOnMarket":"1","CarportSpaces":"0","NST_CeilingHeight":"Varied Heights","City":"Northfield","PossibleUse":"Office,Other,Professional Service,Retail,Income","NST_RefrigeratorNum":"Four","NST_CommercialStyleType":"Apartments and Retail,Mixed Use,Office","ConstructionMaterials":"Brick,Frame","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Central Air,Window Unit(s),Zoned","CountyOrParish":"Rice","CurrentUse":"Professional/Office,Commercial,Office,Professional Service,Residential,Retail","Directions":"South on 35W - East on State Highway 19 to Central Downtown Northfield. Property on the corner of 5th Street and Division Street","DocumentsCount":"0","DaysOnMarket":"1","ElectricExpense":"4700","ExteriorFeatures":"Stone","Fencing":"None","Flooring":"Carpet,Floor Drains","FoundationArea":"5985","FoundationDetails":"Brick/Mortar,Stone","NST_FoundationDimensions":"66x90","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","FuelExpense":"6100","NST_GarageSquareFeet":"0","NST_GarageDimensions":"0","GarageSpaces":"0","GrossIncome":"185000","Heating":"Boiler,Forced Air,Hot Water,Zoned","HighSchoolDistrict":"Northfield","NST_ForeclosureStatus":"No","Inclusions":"Building,Business,Fixture/Equipment,Land,Leases,Other,Rental License","InsuranceExpense":"11500","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.455311","NST_LenderOwned":"No","Levels":"Three Or More","ListPrice":"1650000","ListingContractDate":"2026-06-17T05:00:00Z","ListingId":"NST7093064","LockBoxType":"None","Longitude":"-93.159819","LotFeatures":"Public Transit (w/in 6 blks),Corner Lot,Property Adjoins Public Land,Tree Coverage - Light,Zero Lot Line","LotSizeArea":"6930","LotSizeDimensions":"66x105","LotSizeUnits":"Square Feet","MaintenanceExpense":"1000","ManagerExpense":"12000","NetOperatingIncome":"109100","NumberOfUnitsTotal":"25","OperatingExpense":"75900","OriginalEntryTimestamp":"2026-06-18T08:02:18Z","OtherExpense":"7500","NST_OwnerOccupied":"No","OwnerPays":"Common Area Maintenance,Gas,Heat,Insurance,Repairs,Management,Security,Sewer,Snow Removal,See Remarks,Taxes,Trash Collection,Water","ParcelNumber":"2206225038","ParkingFeatures":"Electric Vehicle Charging Station(s),Off Site,On-Street Parking Only,Parking Lot,Paved Lot","NST_PatioPorchType":"Awning(s),Composite Decking","PhotosCount":"23","PhotosChangeTimestamp":"2026-06-18T13:04:06.619Z","PostalCity":"Northfield","PostalCode":"55057","NST_PotentialShortSale":"No","NST_PowerCompanyName":"Xcel Energy","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Agent is Owner. Welcome to Historic downtown Northfield. This property is located at the gateway to the Central Downtown or the Corner of Division Street and 5th Street or Directly East of the Historic Cannon River Area. Property is a three-story multi-tenant building with on street parking on 5th Street, Washington Street and Large Public City parking adjoining the property to the east. The building has been lovingly renovated over the 35 years by current ownership including 100% tuckpointed brick exterior, Carlisle membrane roof system with added roof insulation on exterior and interior. Plumbing services updated throughout as well as sewer piping to the street. The electric is a 1200 amp multi-meter system and the heat and cooling zoned with newer condensers and newer boilers. The building features large Marvin Windows on the exterior with interior transit windows in corridors for natural light. Historic trim had remained intact, but steel framed solid core paneled doors with window glass for marketing. Also, solid panel oak added to meet fire code. High ceilings with modern LED lighting. All units renovated and updated overall span of ownership. \n The retail service areas are on Division Street with three retail spaces. On 5th Street mid entry for potential subdivided rental area and to the rear additional storage area, entry to another potential subdivided area and one lofted apartment. Building has a 5th street directory to second level professional offices with bathrooms and coffee center. This same area includes a historic staircase to third level apartments and professional artist center with large lounge and bathroom area. Many long-term tenants dating back 30 + years. Very healthy mix of retail, service, professional office, apartments and professional office. This building is only offered for sale due to owner’s retirement and relocation. The building has been 100% occupied short of change over due to owner’s desire to update or renovate areas when opportunity was created. Wonderful 1031 exchange opportunity for many. Interested parties can request a marketing package with more details and history.","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","RoadFrontageType":"City Street,Paved Streets,Sidewalks,Street Lights,Storm Sewer","RoadResponsibility":"Public Maintained Road","Roof":"Age Over 8 Years,Pitched,Rubber","NST_SchoolDistrictFullName":"659 - Northfield","NST_SchoolDistrictNumber":"659","NST_SchoolDistrictPhone":"5076630629","Sewer":"City Sewer/Connected,City Sewer - In Street","NST_SharedRooms":"Community Room","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"S","StreetName":"Division","StreetNumber":"429","StreetNumberNumeric":"429","StreetSuffix":"Street","SubdivisionName":"City/Northfield","TaxAnnualAmount":"36638","NST_TaxWithAssessments":"36998","TaxYear":"2026","TenantPays":"Electricity,Gas,Heat,Hot Water,See Remarks","Topography":"Gently Rolling,Level","Township":"Northfield","TrashExpense":"3600","Utilities":"Electric Common,Electric Separate,Heating 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