440 Water Street N Northfield, MN $ 479,999
440 Water Street N
$ 479,999
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440 Water Street N

Northfield, MN, 55057
$ 479,999
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,315

440 Water Street N, Northfield, MN 55057 - Image 1

Lots and Land for sale in Northfield, MN

for $479,999. The lot size is 4.8.

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.

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Lots and Land Active

Price

$ 479,999

Property Type

Lots and Land

Taxes

$ 5,068

Style

Lot Size

4.8

Town/City

Northfield

County/Region

Rice

MLS | Web ID

7024205

Features
General
Utilities Broadband Connected Cable Connected Electricity Connected Natural Gas Connected Private Septic Connected Private Well Connected Sewer Available Phone Connected
Development Status Raw Land
HOA Fee 0
Topography High Ground Hilly Ravine Scattered Timber
Tax Year 2025
Waterfront Features Creek/Stream
County Rice
Property Type Land
HOA N
Contingency None
Directions From Hwy 3 go North and turn on East on Water Street.
City Northfield
High School District Northfield
Zoning Description Business/Commercial Residential-Multi-Family
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5068
Additional Parcels Y/N N
Standard Status Active
Restrictions Open
Lender Owned No
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Exterior
Inclusions For Sale Sign
Lot Size Area 4.8
Lot Dimensions 816x669
Waterfront Y/N Y
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Interior
Basement (Y/N) N
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Internal Only
Street Number 1 440
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* Excluded Features
List By
Revival Commercial Real Estate

Broker

david@revivalcre.com

Email

Affordability Calculator

$3,738
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$422
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708345 Elementary School
708521 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$479,999 Listed Price

Map


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440 Water Street N, Northfield, MN, 55057 is a Lots and Land for sale at $479,999 with a lot size of 4.8. 440 Water Street N has 0.0 baths. The property's zip code is 55057 which is in Northfield, MN