Northfield, MN Commercial Property for Sale (6 Real Estate Listings)
Northfield, MN Real Estate Statistics
| Average Price | $405K |
|---|---|
| Lowest Price | $12 |
| Highest Price | $2M |
| Total Listings | 122 |
| Avg. Price/SQFT | $200 |
Property Types (active listings)
As of October 18, 2025 there are 6 active Northfield, MN commercial real estate listings for sale with an average listing price of $105,522. The highest-priced commercial property listing is $236,000, while the lowest priced commercial property can be purchased for $12. Northfield, MN Commercial properties for sale have an average price of $73 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 5,253 square feet of living space.
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Northfield, MN Commercial Real Estate & Properties
Are you looking for commercial real estate in Northfield, Minnesota? Look no further than the experienced professionals at our real estate agency. We have various properties, including offices, retail, and more. No matter your needs, we will have a perfect property for you.
Northfield, Minnesota's History
Northfield, Minnesota, was founded in 1851 after the U.S. government imposed a treaty on the Dakota people, Siouan-speaking Native Americans who had been in this territory since at least the 17th century. According to the treaty, a European-American settlement was allowed in southern Minnesota. Most of the Dakota were removed to a reservation near New Ulm, Minnesota. The treaty marked part of the decline of the Dakotah Nation, which was adversely affected by infectious disease and warfare. The people have undergone a revival since the later 20th century, however. Northfield is just one example of how the treaty paved the way for the foundations of cities in Minnesota.
The city was named after Northfield, Massachusetts, by John W. North, one of the first settlers. North volunteered in the Mexican-American War in 1846 and settled in the area now known as Northfield upon his return. The city proliferated due to its location along the Cannon River as a power provider for mills and other industries.
In September 1876, the town witnessed one of the most infamous bank robberies in American history when the James-Younger Gang attempted to rob the First National Bank of Northfield. The robbery attempt failed; two gang members were killed, while several others were wounded or captured. The event put Northfield on the map and earned it the nickname "the town that stopped the James-Younger Gang."
Northfield, Minnesota's Demographics
Northfield is a city located in Rice County, Minnesota. With a 2020 population of 20,946, it is the 58th largest city in Minnesota and the 2197th largest city in the United States. Northfield is growing at a rate of 0.37% annually, and its population has increased by 0.75% since the most recent census, which recorded a population of 20,790 in 2020. Spanning over 9 miles, Northfield has a population density of 2,465 people per square mile. The median age in Northfield is 26.1 years, 25.6 years for males and 26.7 years for females.
Northfield is quite diverse ethnically with smaller percentages of Hispanic or Latino (of any race) residents, African American residents, Asian residents, Native American residents, Hawaiian / Pacific Islander residents, other race residents, and two or more races residents compared to national averages. However, white residents make up the large majority at 92%.
Northfield, Minnesota's Geographic Makeup
Northfield is situated around the Cannon River and mainly on hilly terrain. Northfield is home to multiple famous highways, such as Minnesota State Highways 3, 19, and 246. According to the 2010 Census, Northfield's population was 20,007 people. The city's average elevation is 912 feet (278 meters) above sea level. Northfield spans a total area of 8.61 square miles (22.30 km2), with 8.56 square miles (22.17 km2) being land and 0.05 square miles (0.13 km2) being water. Overall, Northfield's geography consists of beautiful hills, a flowing river, and many acres of wooded areas perfect for nature lovers and explorers.
Northfield, Minnesota's Economy
The median household income in Northfield is $69,407, which is higher than the Rice County median household income of $61,333. The per capita income in Northfield is $32,199, which is lower than the Rice County per capita income of $34,280. In 2020, the place with the highest median household income in Northfield was Census Tract 705.03, valued at $100,516. This was followed by Census Tract 615.02 and Census Tract 705.01, with respective values of $98,194 and $64,792.
Northfield, Minnesota's Employment
Northfield, MN, is a thriving community with various employment opportunities. The largest industries in the city are Educational Services, Health Care and Social Assistance, and Manufacturing. However, many other businesses and organizations contribute to the city's economy. The Utility sector is the highest-paying industry in Northfield, followed by Public Administration, Real Estate, and Rental and Leasing. In addition to these traditional sectors, Northfield is home to many innovative start-ups and cutting-edge companies. As a result, the city offers a wealth of opportunities for those seeking employment. Whether you're looking for a traditional job or something more unique, Northfield will indeed have something to offer.
Why Commercial Real Estate In Northfield, Minnesota?
Northfield, Minnesota, is a city located in the U.S. state of Minnesota. The town is situated around the Cannon River and mainly on hilly terrain. Northfield is home to multiple famous highways, such as Minnesota State Highways 3, 19, and 246. According to the 2010 Census, Northfield's population was 20,007 people. The city's average elevation is 912 feet (278 meters) above sea level. Northfield spans a total area of 8.61 square miles (22.30 km2), with 8.56 square miles (22.17 km2) being land and 0.05 square miles (0.13 km2) being water. Overall, Northfield's geography consists of beautiful hills, a flowing river, and many acres of wooded areas perfect for nature lovers and explorers.
In terms of commercial real estate, Northfield offers a variety of options for businesses and investors. The city has multiple retail centers, office parks, and industrial complexes. In addition, there are also many vacant lots and undeveloped land available for development. Whether you're looking to buy or lease property, Northfield offers something. With its convenient location and thriving economy, Northfield is an ideal place to invest in commercial real estate.