Listing Agency: EXP REALTY Show Phone

Listed By: Jesse Penman Show Phone

Source: Exprealty

Added: Jan 27 Changed: Aug 30 Last Checked: Aug 30 at 5:26AM

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Investment Insights

Based on property information with market context.

This spa and wellness property includes a reception and waiting area, hallway, restroom, two US rooms, and a massage room. Interior finishes include vinyl base along 275 linear feet of walls. The layout provides distinct areas for client arrival and treatment-oriented use.

The building offers signage on both the front and rear elevations, plus a smaller kiosk sign at the main entrance. The property is at 114-9931 Hudson Blvd N in Lake Elmo, Minnesota, near Kwik Trip, with a Starbucks planned across the parking lot for May opening.

Key Highlights

• Spa and wellness layout with reception, two US rooms, and a massage room
• 275 linear feet of vinyl wall base
• Signage positions on the front and rear of the building

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Pharmacy Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

353

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55042, MN

12,044

Population

4,987

Households

2.4

Avg Household Size

42

Median Age

62%

College-Educated

99%

High-School Grad

24.9 sq mi

ZIP Area

484

Density / Sq Mi

$154,779

Median Household Income

$81,406

Median Earnings

$2,204

Median Rent

$594,000

Median Home Value

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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Land Parcel for Development

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Similar Off Market Nearby

• Stepping Stone Acupuncture — 6043 Hudson Rd #125, Woodbury, MN 55125, United States
• Yi Acupuncture & Chinese Medicine — 6053 Hudson Rd STE 355, Woodbury, MN 55125
• 7 Chakra Healing, LLC — 6053 Hudson Rd Ste 357, Woodbury, MN 55125
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Frequently Asked Questions

What type of property is this?

Spa & wellness property - Configured for wellness services with reception, treatment rooms, restroom facilities, and multiple signage positions.

Where is this spa & wellness property located?

The property is located at 114-9931 Hudson Blvd N Lake Elmo, MN.

What are key features of this property?

This property features: Spa and wellness layout with reception, two US rooms, and a massage room; 275 linear feet of vinyl wall base; Signage positions on the front and rear of the building