201 4th Street E Northfield, MN ^$ 549,000

201 4th Street E

^$ 549,000

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201 4th Street E

Northfield, MN, 55057

^$ 549,000

Studio Baths0.0 Sq 3,040

Monthly Estimate*

^$ 3,835

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Studio

Commercial Property for sale in Northfield, MN

for $549,000. This 3,040 square foot building was built in 1955 on a lot size of 0.25.

A rare opportunity to own a commercial property in Downtown Northfield Minnesota. Previously a funeral home, this building could be an office, retail, or future restaurant. Well located across from the Grand Event Center, well established restaurants, and other local businesses.

Commercial Active

Price

^$ 549,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,392

Style

Lot Size

0.25

Year Built

1955

Town/City

Northfield

County/Region

Rice

MLS | Web ID

6502376

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air Ductless Mini-Split

Utilities Electric Common Heating Common Hot Water Common

Garage Spaces 1

Construction Materials Brick/Stone

Year Built 1955

Tax Year 2023

Current Use Commercial

Accessibility Doors 36 + Fully Wheelchair Grab Bars In Bathroom No Stairs External No Stairs Internal

County Rice

Property Type Commercial Sale

Contingency Inspection

Subdivision Name City/Northfield

Possible Use Office Professional Service Restaurant Retail Medical

Directions From intersection of Division and 4th Street E go one block east. Building is on the north side of 4th Street.

City Northfield

Buyer Agent Compensation 0.00

High School District Northfield

Zoning Description Business/Commercial

Total Units 1

Street Name 4th

Land Lease Y/N N

Tax Annual Amount 10392

Additional Parcels Y/N N

Days on Market 27

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Attached Garage Carport Parking Lot

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.25

Building Area Total 3040

Lot Dimensions 165 x 67

Lot Size Units Acres

Foundation Area 3040

Interior

Basement (Y/N) N

Street Suffix Street

Foundation Dimensions 40x90

Fuel Natural Gas

Garage Dimensions 20 x 28

Garage Square Feet 560

Internal Only

Street Number 1 201

* Excluded Features

List By

Revival Commercial Real Estate

Broker

david@revivalcre.com

Affordability Calculator

$4,701

Per Month

Monthly Principal & Interest: $3,835
Monthly Property Taxes: $866
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Northfield, MN

Average List Price ^$3,774,500

Percent of Sale Price 588%

About Northfield, MN

20,918 Population

17% Since 2002

^$61,493 Median Income

28.07 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708345 Elementary School

708521 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2024	$549,000		Listed Price

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201 4th Street E, Northfield, MN, 55057 is a Commercial Property for sale at $549,000 with 3,040 sqft and a lot size of 0.25. 201 4th Street E is a studio with 0.0 baths and was built in 1955. The property's zip code is 55057 which is in Northfield, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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201 4th Street E

Commercial Property for sale in Northfield, MN

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