$599,000
For Sale

440 Water Street N

Northfield, MN 55057
Listing OfficeRevival Commercial Real Estate
Type:Purchase
Structure:Land
Zone:Residential

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.
- **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.

  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Phone Connected
  • Community and Neighborhood Details
      • School DistrictNorthfield
      • CountyRice
  • Financial Details
      • Taxes Annual$5,068
      • Buying Agency Compensation2.70
  • Other
      • MLS #6557783

Location

Katie Troye | RE/MAX ResultsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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