440 Water Street N

Northfield, MN 55057

– beds
– baths
– sqft
– on site

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.

Listing courtesy of NORTHSTAR / David Aase / Revival Commercial Real Estate

Last checked: Checking… • Last updated Jan 31, 2025 •

MLS# 6654901 —

The Building

Development Status:

Raw Land

Location

Directions:

From Hwy 3 go North and turn on East on Water Street.
Latitude:

44.464809
Longitude:

-93.159335

The Property

Parcel Number:

2231250005
Zoning Description:

Business/Commercial,Residential-Multi-Family
Property Type:

Land
Additional Parcels:

false
Lot Size Area:

4.8
Lot Size Dimensions:

816x669
Lot Size Units:

Acres
Topography:

High Ground,Hilly,Ravine,Scattered Timber
Lake Chain:

N
Water Body Name:

Cannon River
Land Lease:

false
Improvements:

Curbs,Fence,Paved Streets,Storm Sewer

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

5068
Tax With Assessments:

5068.0000

Utilities

Utilities:

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

Schools

High School District:

Northfield

The Community

Waterfront:

true
Waterfront Features:

Creek/Stream
Association:

false
Assessment Pending:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
1/30/25 Jan 30, 2025	Listed / Active	NORTHSTAR	$549,000
6/21/24 Jun 21, 2024	Listed / Active	NORTHSTAR

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This plot of land located in Northfield, MN 55057 is currently for sale for $549,000. 440 Water Street N is a – square foot plot of land with – beds and – baths that has been on Estately for 2 days. This plot of land is in the attendance area of Sibley Elementary School, Northfield Senior High School, and Northfield Middle School.

Listing Courtesy of: NORTHSTAR and Revival Commercial Real Estate.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.