Riverfront Hospitality Asset with Redevelopment
1 River Bend Pl, Chaska, MN 55318
Riverfront property in downtown Chaska with redevelopment potential.
Type:Hospitality
Property size:
72,578 SFPrice / SF:
$79/SF- Added:
- Feb 2, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1 River Bend Pl
General Information
- Standard status
- Active
- Size
- 72,578 SF
- Property subtype
- Hospitality
Building Details
- Year Built
- 1996
Listing agent David Kampmeyer License #40916733
Listing office GJG Commercial
Listing date Feb 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of GJG Commercial
HighLights
- Irreplaceable riverfront location in downtown Chaska with high visibility.
- Significant redevelopment potential supported by the City of Chaska.
- Strong connectivity to downtown amenities, parks, trails, and the Chaska Curling Center.
- New on‑site restaurant tenant provides immediate income and a key amenity.
- Located within Chaska's active riverfront revitalization corridor with ongoing infrastructure investment.
- Opportunity for hospitality repositioning or multifamily/mixed‑use redevelopment.
Overview
Located on the Minnesota River in downtown Chaska, MN, 1 River Bend Place is a riverfront hospitality asset with significant redevelopment potential. The property is situated on one of the most visible sites in the southwest Twin Cities metro, offering walkability to Firemen’s Park, the Chaska Curling Center, regional trail systems, and downtown restaurants and retail. The site is located within Chaska’s active riverfront revitalization corridor and benefits from ongoing infrastructure investment and strong demographic growth. A new, directly connected on-site restaurant tenant operates under a lease with annual rent escalations and has become a local favorite, providing a key lifestyle amenity for hotel guests while benefiting from demand generated by the approximately 82 on-site hotel rooms. The on-site pool has not been serviced or operated since the COVID period and is currently inactive. While currently operating as a hotel, the highest and best use is redevelopment. The City of Chaska has expressed support for a new long-term vision for the site, positioning it as a catalyst redevelopment opportunity. Investors can pursue either a hospitality repositioning strategy or a multifamily / mixed-use redevelopment, capitalizing on the site’s riverfront frontage, downtown connectivity, and strong municipal alignment. The property size is 72578 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Townsquare Place
Hotel & Motel
WW (Weight Watchers)
Weight Loss Service
Location Insight
- Map
- Local Demand
- City
- Chaska
- County
- Carver
- State
- Minnesota
- Longitude
- -93.6001635
- Latitude
- 44.7838378
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FAQs
What type of property is this?
Hotel - Riverfront property in downtown Chaska with redevelopment potential.
Where is this hotel located?
The property is located at 1 River Bend Pl Chaska, MN.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Irreplaceable riverfront location in downtown Chaska with high visibility.; Significant redevelopment potential supported by the City of Chaska.; Strong connectivity to downtown amenities, parks, trails, and the Chaska Curling Center.
