Date
Details
Price
Change
Source
8/28/2026
Listed
$124,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Excellent opportunity to own commercial space in the heart of Norwood Young America! This versatile property offers a functional layout with multiple office/work areas, storage space and plenty of potential to accommodate a variety of business uses. Whether you're looking for professional office space, a service-based business, retail concept or an investment opportunity, this property provides the flexibility to make the space your own. Conveniently located on Faxon Road with easy access for customers and clients and close to other established local businesses. A great opportunity for an owner-user or investor looking to establish a presence in a growing community. Bring your business ideas and discover the possibilities this commercial property has to offer!
Full Property Details
Full Property Details for 514 Faxon Road N
General
- Price: $124,900
- Taxes: $2,582 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7130390
- Updated: Today (8/28/2026)
- Added to Site: Today
Interior
- Appliances: Refrigerator
Additional Information
- Amenities: Security System
Parking
- Parking Features: Parking Lot
Location
- County: Carver
- Township: Norwood Young America
- Subdivision: Village/Carver
- Driving Directions: Highway 212 to NYA, North on Faxon Road
School Information
- School District: 108 - Central
- High School District: Central
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Foundation Size: 1500
- Disability Access: No Stairs Internal
- Square Feet: 1,500
- Finished Down/Base.: 1,500 Sq. Ft.
- Current Bldg. Use: Office
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 252.96 x 19.70
- Frontage: City Street
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $2,582
- Tax Year: 2026
Disclosures and Reports
- Legal Description: P/O NW1/4 NE1/4 DESC AS: BEG AT A PT ON W LINE NW1/4 NE1/4 20.06' N FROM NW CORN OF S 270' OF NW1/4 NE1/4 TH S ON W LINE NW1/4 NE1/4 20.06' TO NW CORN OF S 270' OF NW1/4 NE1/4 TH N89*E PARALLEL WITH S LINE OF NW1/4 NE1/4 34.61' TH S89*E ALONG A LINE IF EXTENDED WOULD INTERSECT E LINE OF W 273.15' OF NW1/4 NE1/4 AT A PT 266.82' N FROM S LINE OF NW1/4 NE1/4 217.33' TH N2*E 19.70' TO INTERSECT OF A LINE WHICH BEARS S89*E FROM PT OF BEG TH N89*W 252.96' TO PT OF BEG OLD # 60.0149410 SECTION 14 TOWNSHIP 115 RANGE 026
- Inclusions: Building, Land
- Property ID: 580144900
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Schools
Schools serving 514 Faxon Road N
School District:Central Public School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Norwood Young America, MN 655 Southwest 7th Street, Norwood Young America, MN 55368 | K-5 | 0.4 mi |
Central Middle School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368 | 6-8 | 0.2 mi |
Central Senior High School, Norwood Young America, MN 531 Morse Street North, Norwood Young America, MN 55368 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 Faxon Road N
Tax History
Tax History for 514 Faxon Road N
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,722
—
$128,500
5%
2026
$2,722
116%
$121,900
2%
2024
$1,258
-40%
$119,700
4%
2023
$2,092
—
$114,800
20%
2023
$2,092
-20%
$95,600
-15%
2021
$2,624
—
$112,900
-3%
2021
$2,624
-5%
$116,200
—
2020
$2,758
12%
$116,200
7%
2019
$2,468
—
$108,200
—
2018
$2,456
-15%
$107,700
11%
2017
$2,880
1%
$96,800
—
2016
$2,854
2%
$96,800
5%
2015
$2,802
1%
$92,600
5%
2014
$2,784
5%
$88,400
4%
2013
$2,660
—
$85,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 514 Faxon Road N
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Sold by RE/MAX Advantage Plus
514 Faxon Road N, Norwood Young America, MN 55368 (MLS# 7130390) is a Commercial property. 514 Faxon Road N is currently listed for $124,900 and was received on August 28, 2026. Want to learn more about 514 Faxon Road N? Do you have questions about finding other Commercial real estate for sale in Norwood Young America? You can browse all Norwood Young America real estate or contact a Coldwell Banker agent to request more information.