For Sale: Northfield MLS# 6557783
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Property 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 â?? 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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,000
Property Type:
Lot/Land
City:
Northfield
County:
Rice
State:
MN
Property Style:
Lot/Land
Zip Code:
55057
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Cannon River
DNR Lake ID#:
S9990753
Lake Chain Name:
N
Lake Acres:
0
Lake Depth:
0
Waterfront:
Creek/Stream
Lot & Land
Acres:
4.8
Geolocation:
44.464809, -93.159335
Inclusions:
For Sale Sign
Lot Dimensions:
816 x 669
Restrictions:
- Easements
- Easements-Utility
Zoning:
- Business/Commercial
- Residential-Multi-Family
Farm
Topography:
High Ground, Hilly, Ravine, Scattered Timber
Schools
School District:
659
District Phone:
507-663-0629
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$5,068
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,068
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Raw Land
Improvements:
Curbs, Fence, Paved Streets, Storm Sewer
Available Utilities:
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Private Septic Connected
- Private Well Connected
- Sewer Available
Mortgage Calculator
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Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Revival Commercial Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.