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Beautiful 44 acres waiting to be developed into new housing. Option to purchase an additional 8.5 acres of phase 1 with the 44 acres together or separate. Zoned R3. Both the city and community would welcome new housing which is much needed. Cannon Falls offers the best of both worlds...easy commute to the Twin Cities while remaining relatively close to Rochester. Enjoy the bluffs, the Cannon River, biking trails, Lake Byllesby regional park, Cannon River Winery and the quaint small town feel all within minutes from Hastings, Northfield and the Twin Cities.