$479,999

440 Water Street N, Northfield MN, 55057

Lot size4.8 Acres

Property typeLand

Courtesy of Revival Commercial Real Estate, David Aase Listing Contact:

Overview

Active

Listed Feb 20, 2026

Updated May 9

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.

Other Property Details

Taxes: $5,068
Tax Frequency: Annually
Waterfront: Yes

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