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.
Active
$549,000
440 Water St N, Northfield, MN 55057
--beds
--baths
4.8Acres
Unimproved Land
Built in ----
4.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 188 days
- on Zillow |
- 76 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 06:06pm
Listed by:
David Aase 612-440-9775,
Revival Commercial Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6654901

Travel times
Facts & features
Property
Features
- Waterfront features: Creek/Stream, Waterfront Num(S9990753)
- Body of water: Cannon River
Lot
- Size: 4.8 Acres
- Dimensions: 816 x 669
- Topography: High Ground,Hilly,Ravine,Scattered Timber
Details
- Parcel number: 2231250005
- Zoning description: Business/Commercial,Residential-Multi-Family
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Sewer Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Northfield
Financial & listing details
- Tax assessed value: $290,700
- Annual tax amount: $5,068
- Date on market: 1/30/2025
- Inclusions: For Sale Sign
- Electric utility on property: Yes
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