120 Morse Street N, Norwood Young America, MN 55368

New Listing
$299,000
Property Type: Land Lot Size (sq. ft.): 56,628 Status: Active
Current Price: $299,000 List Date: 4/25/2026 Last Modified: 4/25/2026

Overview

Description

Prime commercial opportunity in Norwood Young America! This C-3 zoned property consists of three combined lots, offering exceptional space and flexibility for redevelopment. With strong potential for an apartment complex, mixed-use retail with residential above, or a variety of commercial ventures, this site is ideal for investors and developers. Located in a high-visibility area with significant growth potential, it’s a rare chance to bring new energy to the community. Explore the possibilities and capitalize on this versatile property.

Listing Details MLS# 7062060

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Lot Dimensions
Irregular
Acres
1.3
Assessment Pending
No
Association Fee
0

Property Features

Assumable Loan: Not Assumable Available Utilities: Natural Gas Available; None Connected; Sewer Available; Storm Sewer Available; Water Available Development Status: Finished Lot(s) Improvements: Curbs; Paved Streets; Storm Sewer Land Inclusions: Survey; Survey Stakes; Topographic Map Lot Description: Irregular Lot Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer Sellers Terms: Cash; Conventional Topography: Level; Walkout

Contract Information

Contingency
None
Original List Price
299000
ListPrice
299000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
120
Street Name
Morse
Street Suffix
Street
Street Direction Suffix
N
Postal City
Norwood Young America
County
Carver
State
MN
Zip Code
55368

Assessments

Assessment Balance
35
Tax With Assessments
4148

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
26
Section#
14
Township#
115

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
AS SURVEYED P/O FORMER RR R-O-W SITUATED IN NW1/4 DESC AS: BEG AT NW CORN BLK 6 CITY OF NORWOOD, TH N ALONG E LINE MORSE ST 149.85' TH S89*E 354.53' TO WLY LINE FRANKLIN ST TH S ON W LINE FRANKLIN ST 149.87' TO NE CORN BLK 6 TH N89*W ON N LINE BLK 6 355.8' TO PT OF BEG. EXC: BEG AT NE CORN OF BLK 6 TH N89*W ALONG N LINE 74.93' TH N 60.01' TH S89*E 74.93' TO W LINE OF FRANKLIN ST TH S ON W LINE OF FRANKLIN ST 60.01 FT TO PT OF BEG EXC: P/O RR R-O-W DESC AS: BEG AT NW CORN BLK 6 TH NLY ALONG E LINE OF MORSE ST 5' TH ELY PARALLEL WITH N LINE BLK 6 50' TH SLY PARALLEL WITH E LINE MORSE ST 5' TH WLY TO PT OF BEG & EXC: S 5' OF W 25' OF E 175' OF TRACT DESC AS: P/O FORMER RR R-O-W IN NW1/4 SECT 14: BEG AT NW CORN OF BLK 6 CITY OF NORWOOD TH N
Listing City
Norwood Young America
Map Page
142
Municipality
Norwood Young America
School District
Central
School District Phone
952-467-7000
Zip Plus 4
4504
Property ID Number
580145250
Tax Year
2026
Tax Amount
4113
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Prime commercial opportunity in Norwood Young America! This C-3 zoned property consists of three combined lots, offering exceptional space and flexibility for redevelopment. With strong potential for an apartment complex, mixed-use retail with residential above, or a variety of commercial ventures, this site is ideal for investors and developers. Located in a high-visibility area with significant growth potential, it’s a rare chance to bring new energy to the community. Explore the possibilities and capitalize on this versatile property.
Directions
Hwy 212 to Faxon, South to Elm Street, West to Morse.

Assumable Loan

Not Assumable
Yes

Development Status

Finished Lot(s)
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Irregular Lot
Yes

Restriction/Covenants

Easements-Utility
Yes
Other Bldg Restrictions
Yes
Other
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Level
Yes
Walkout
Yes

Available Utilities

Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Storm Sewer Available
Yes
Water Available
Yes

Improvements

Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes

Land Inclusions

Survey
Yes
Survey Stakes
Yes
Topographic Map
Yes

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: April - 25 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.