440 Water Street North

Northfield, MN 55057

$599,000
Price
209,088 / 4.8
Lot Size / Acres

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. 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:
...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. 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.
  1. Listed by Revival Commercial Real Estate

Property Details for 440 Water Street North

Waterfront Features
Creek/Stream
Waterfront YN
Yes
Zoning Jurisdiction
Business/Commercial,Residential-Multi-Family
LISTING UPDATED: 06/21/2024 11:50 AM

Property Details for 440 Water Street North

StatusActive
MLS #6557783
Days on Compass165
Taxes$5,068 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size4.80 AC
CountyRice County

Building Information for 440 Water Street North

Lot Size4.80 AC

Property Information for 440 Water Street North

Summary
Location and General Information
  • City Name: Northfield
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: From Hwy 3 go North and turn on East on Water Street.
  • Latitude: 44.464809
  • Longitude: -93.159335
  • Nbr of Acres: 0
  • Lake Chain: N
  • Lake Name: Not Applicable
  • PLAT: 0
  • Map Coordinate: 219-D3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Northfield
  • City and Location Text: Northfield(MN)
  • Postal Code: 55057
  • State Or Province: MN
  • Public Survey Township: 112
  • Topography: High Ground,Hilly,Ravine,Scattered Timber
  • Complex Name: Cannon River
  • Waterfront Footage: S9990753
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 2231250005
  • Tax Annual Amount: $5,068.00
  • Tax Legal Description: CAP 535FT N OF SW COR SW4 NW4 TH S476FT TH SELY TO WLY LI R/W RR TH NELY ALG WLY LI R/W TO PT E OF POB TH W TO POB EX BAP 59FT N & 50FT SE OF SW COR SW4 NW4 TH SE TO R/W RR AT RIGHT ANGLES 263FT TH NELY ALG R/W 42FT TH NW265FT TO BEG
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 5068.0000
School Information
  • High School District: 659 - Northfield
  • School District Number: 659
  • School District Phone: 507-663-0629
Property
Lot Information
  • Lot Size Area: 4.8
  • Lot Size Dimensions: 816x669
  • Lot Size Units: Acres
  • Property Type: Land
Utilities
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected, Sewer Available

Property History for 440 Water Street North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 440 Water Street North

Taxable ValueLand$113,000Additions$224,500Total$337,500
Tax Record2024$5,294 ($441 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,952 SqFtAbove Grade Finished SqFt1,952 SqFtStories2Lot Size209,088 SqFtStyleSingle Family ResidenceYear Built1910CountyRICEAPN22.31.2.50.005

Schools near 440 Water Street North

This home is within Northfield Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Spring Creek Elementary School
PublicK to 5

Northfield Middle School
Public6 to 8

Northfield Senior High School
Public9 to 12

Northfield Area Learning Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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440 Water Street North is a 4.8 ac of land for sale in Northfield, MN 55057. This property was listed for sale on June 21, 2024 by Revival Commercial Real Estate, it's currently listed at $599,000. It has been on the market for a total of 165 days and was last sold on February 23, 2021. This listing's school district is Northfield Public School District. Nearby schools include Spring Creek Elementary School, Northfield Middle School and Northfield Senior High School. 440 Water Street North is a 0-bed, 0-bath, 4.8 ac of land on a 209,088 sq. ft. / 4.8 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Revival Commercial Real Estate

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 06/21/2024 11:50 AM