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$479,999
Active440 Water Street
Northfield, MN 55057
128
Days on Market
NST7024205
MLS#
Land
Structure
Residential
Zone
Listing OfficeRevival Commercial Real Estate
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.
Property Details
- Acres
- 0.0
- Lot Size (sqft)
- 4.8
- Property Type
- Purchase
- Utility Features
- Broadband Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Conne
- School District
- Northfield
- County
- Rice
- Region
- Northfield
- Days on Market (Cumulative)
- 128
- Taxes Annual
- $5,068
- HOA Fees
- 0.0
- MLS #
- 7024205
- Property Subtype
- Land
- Waterfront
- 1
- Parcel Number
- 2231250005
- MLS #
- 7024205
- Waterfront Type
- Creek/Stream
- Waterfront Features
- Creek/Stream
- Date Listed
- February 20, 2026
- Address
- 440 Water Street
Location
Legal
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Provided By
Listed by David Aase (#NST582501358)
Listing Office: Revival Commercial Real Estate (#NST26384)