440 Water Street N, Northfield, MN 55057

Northfield
Local realty services provided by:ERA Prospera Real Estate
440 Water Street N,Northfield, MN 55057
$479,999
  • 4.8 Acres
  • Lots / Land
  • Active
Listed by: david aase
Office: revival commercial real estate
MLS#:7024205
Source:NSMLS

Price summary

  • Price:$479,999

About this home

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.

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Home facts

  • Listing ID #:7024205
  • Added:478 day(s) ago
  • Updated:May 24, 2026 at 11:59 AM

Structure and exterior

  • Lot area:4.8 Acres
  • Lot Features:High Ground, Hilly, Ravine

Finances and disclosures

  • Price:$479,999
  • Tax amount:$5,068 (2025)
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