Cannon Falls Elementary
- Enrollment
- 519
- Students per teacher
- 13.3
1020 Minnesota St E, Cannon Falls, MN 55009
(507) 263-6800





Prime Development and Investment Opportunity – Cannon Falls, MN
Located on the southwest corner of Cannon Falls city limits, this unique 14-acre property offers an exceptional blend of development potential and recreational use. Thirteen acres are zoned residential and currently sit outside the city limits, while one acre is already inside the city limits and zoned commercial. The City of Cannon Falls has expressed openness to annexing the residential portion, making this an outstanding opportunity for future residential development.
The land features rolling terrain and established food plots, providing excellent deer and turkey hunting opportunities. Whether you are looking to invest, develop, or simply enjoy the outdoors, this property offers endless possibilities.
For investors, there’s even more upside: the seller is willing to package this parcel with an adjoining 6-acre commercial-zoned property inside the city limits, bringing the total offering to 20 acres for $799,000. This combined offering would be ideal for a 1031 exchange or a larger-scale development project.
Don’t miss this rare chance to own a versatile piece of property with prime location, natural beauty, and huge potential.
In this neighborhood, homes were most commonly built in 1939 or earlier, about 90% of occupied homes are owner-occupied, and the average commute is 29 minutes.
$425,400
Higher than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
$3,274/yr
Lower than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
$2,410/mo
Higher than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
$732/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
$997/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
90%
Higher than Twin Cities metro overall
The share of occupied homes lived in by their owners.
1976
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
The share of homes built during each period.
The share of housing units in each building type.
29 min
Higher than the Twin Cities metro
The average one-way travel time to work for commuters.
The share of workers using each listed way to get to work.
92%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
Cannon Falls Public School District
This home is in the Cannon Falls Elementary and Cannon Falls Secondary High attendance areas of Cannon Falls Public School District.
1020 Minnesota St E, Cannon Falls, MN 55009
(507) 263-6800820 Minnesota St E, Cannon Falls, MN 55009
(507) 263-6800