440 Water Street N, Northfield, MN
$549,000 - Cannon River
4.80
Acres
About 440 Water Street N
Prime Development Land in Northfield, MN Discover a unique investment opportunity with this approximately 5-acre parcel, ideal for multifamily development in Northfield, MN. Perfectly positioned close to schools, shopping, dining, and major highways, this property offers convenience and growth potential. - **Location:** Centrally located with easy access to amenities. - **Zoning:** N2-B – Neighborhood General - Ready for multifamily development. - **Utilities:** Water, sewer, electricity, and gas available at the site. New connections to water & sewer will need to be installed. - **Topography:** On high-ground - **Attractions:** Near St. Olaf and Carleton Colleges, downtown Northfield, and scenic parks. #### Development Potential: With a growing demand for quality housing, this land is perfect for apartments, townhomes, or condos. Northfield's thriving community, strong economy, and beautiful surroundings make this an ideal investment.
Features of 440 Water Street N
| MLS® # | 6654901 |
|---|---|
| Price | $549,000 |
| Acres | 4.80 |
| Type | Land |
| Status | Active |
| Contingency Type | None |
| Lake Name | Cannon River |
Community Information
| Address | 440 Water Street N |
|---|---|
| City | Northfield |
| County | Rice |
| State | MN |
| Zip Code | 55057 |
Amenities
| Is Waterfront | Yes |
|---|---|
| Waterfront | Creek/Stream |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
School Information
| District | Northfield |
|---|
Additional Information
| Zoning | Business/Commercial,Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,068 |
| Tax Year | 2023 |
| Office | Revival Commercial Real Estate |
Listing Details
| Office | Revival Commercial Real Estate |
|---|