Commercial Land for Sale in Northfield, Minnesota
875 Highway 3 N Northfield, MN 55057
![2 Acres of Commercial Land for Sale in Northfield, Minnesota](https://cdn.landsearch.com/listings/4GpQp/large/northfield-mn-133348616.jpg)
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Extended Stay Hotel investment opportunity in the vibrant and growing city of Northfield, MN. This 26 key extended-stay motel offers a range of flexible revenue streams with options for nightly, weekly, or monthly rentals. Capital Improvements within the past 5-7 years, include a new roof, siding, electrical system, windows, water heater, and a resurfaced parking lot.
Northfield is a charming community with a population of over 21,000 and steady annual growth of 0.4%. Northfield is home to St. Olaf College and Carleton College, along with significant employers like Northfield Hospital + Clinics, and Malt-O-Meal (Post Consumer Brands).
The city's growing population, coupled with its strong employer base, ensures consistent demand for extended-stay accommodations.
Directions
MN-3 Property is in South Side of HWY across from Dairy Queen and Dollar General
Location
- Street Address
- 875 Highway 3 N
- County
- Rice County
- Community
- Schjeltown
- Elevation
- 948 feet
Property details
- Zoning
- Business/Commercial
- MLS Number
- RMLS 6653353
- Date Posted
Property taxes
- 2024
- $17,422
Parcels
- 2231225007
Legal description
LOT 1 OF SCHJELTOWN SUBD
Detailed attributes
Listing
- Type
- Commercial Sale
- Franchise
- RE/MAX International
Exterior
- Parking
- Attached Garage, Driveway, Garage, Parking Lot
- Features
- Aluminum Siding, Metal
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 27, 2025 | New listing | $1,400,000 | — | RMLS |