440 Water Street North
Description
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.
- Listed by Revival Commercial Real Estate
Property Details for 440 Water Street North
Property Details for 440 Water Street North
| Status | Active |
|---|---|
| MLS # | 6654901 |
| Days on Compass | 31 |
| Taxes | $5,068 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land |
| Year Built | - |
| Lot Size | 4.80 AC |
| County | Rice County |
Building Information for 440 Water Street North
Property Information for 440 Water Street North
- 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
- 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
- High School District: 659 - Northfield
- School District Number: 659
- School District Phone: 507-663-0629
- Lot Size Area: 4.8
- Lot Size Dimensions: 816x669
- Lot Size Units: Acres
- Property Type: Land
- 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
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 440 Water Street North
Schools near 440 Water Street North
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.
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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 01/30/2025 08:06 PM
