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Downtown Waconia Office/Retail Space
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101-129 W Main St, Waconia, MN

First-class office or retail space in a landmark building.

Space Size1,222 SF
Lot Size0.35 Acres
Days on Market319

Property Features for 101-129 W Main St

General Information

Standard status Active
Size 1,222 SF
Lot size 0.35 Acres
Property subtype OFFICE

Spaces For Lease

at 101-129 W Main St
Main Street Exchange Building $16/SF/Yr
Floor 1
Size 1,222 SF
Type OFFICE
Availability AVAILABLE, 60 Days
Sublease No
• Suite 113 – 1,222 rsf • Street level entrance • Inline unit • Retail or office • Currently open retail layout • Kitchenette • Restroom • Nice natural light • Updated finishes • Net rent: $16.00 psf • 2026 Operating expense: $11.49
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Listing Agency: Copperwood Real Estate LLC
Listed By: Justin M. Stueve
Source: Moodyscre
Added: Nov 24, 2025 Changed: Oct 7 Last Checked: Oct 7 at 1:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Copperwood Real Estate LLC

Investment Insights

Based on property information with market context.

The Main Street Exchange building provides first-class office or retail space in a prominent building located in downtown Waconia, Minnesota. Situated near the lake and various shops, restaurants, and businesses, the building offers signage and exposure. The location benefits from a pro-business government and an active chamber of commerce. Tenant improvements are available. Suite 121, an end cap unit with a street-level entrance, offers 2,565 square feet of space suitable for office or retail use. The suite currently features a 100% office finish, incorporating a mixture of offices and open space. It includes two restrooms and benefits from natural light. The 2025 operating expense is estimated at $11.49 per square foot, with a net rent of $16.00 per square foot.

Key Highlights

  • Landmark building in bustling downtown Waconia, steps from the lake, shops, and eateries.
  • Unbeatable signage and exposure.
  • Tenant improvements available.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Garden Center Bakery Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - First-class office or retail space in a landmark building.
Where is this office units located?
The property is located at 101-129 W Main St Waconia, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Landmark building in bustling downtown Waconia, steps from the lake, shops, and eateries.; Unbeatable signage and exposure.; Tenant improvements available.
(612) 360-8104 Call to check price and availability
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