Northfield, MN 55057,440 Water ST N
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$ 599,000
Est. payment | /mo

4.8 Acres Lot


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$ 599,000
Est. payment | /mo
Save

4.8 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6557783

Annual Tax Amount $5,068

Tax Year 2023

Contingent None

Lot Size 4.800 Acres

Acres 4.8

Lot Dimensions 816x669

Property Description

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.

Location

State MN

County Rice

Zoning Business/Commercial,Residential-Multi-Family

Body of Water Cannon River

Interior

Inclusions For Sale Sign

Fireplace No

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Sewer Available

Waterfront Description Creek/Stream

Schools

School District Northfield

Others

Restrictions Easements,Easements-Utility

Listed by David Aase • Revival Commercial Real Estate

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440 Water ST N