Search
Waconia Square Retail/Office Center
For Sale
Contact for pricing

236 West 1st Street, Waconia, MN 55387

Neighborhood center in downtown Waconia, one block from Lake Waconia.

Property Size38,412 SF
Price / SF$0.00
Days on Market271

Property Features for 236 West 1st Street

General Information

Standard status Active
Size 38,412 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 38,412 SF
Year Built 1980

Properties For Sale

at 236 West 1st Street Contact us

Suite 240

Size
849 SF
Term
Negotiable
Contact us

Suite 250

Size
539 SF
Term
Negotiable
Contact us

Suite 290

Size
1,830 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Edward Rupp
Source: Svn
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 19 at 5:13AM

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 Edward Rupp

Investment Insights

Based on property information with market context.

Waconia Square is a neighborhood center with approximately 38,412 square feet, situated in downtown Waconia, Minnesota. Located one block from Lake Waconia, the center features a mix of local and regional tenants, with both retail and office suites. Available spaces range from approximately 539 to 849 square feet of office space, as only office suites are currently available. The center has a tenant mix including Waconia Brewing Company, Dominos, and T-Mobile. All retail suites have their own street address. A large surface lot is available to all tenants, providing a ratio of 4.68 stalls per 1,000 square feet. The center is located in a growing western suburb of the Minneapolis-Saint Paul metropolitan area, approximately 30 miles west of downtown Minneapolis and 10 miles from Victoria and Lake Minnetonka. The surrounding submarkets are affluent, with household incomes exceeding $125,000 for the majority of the area. The Minneapolis-Saint Paul metropolitan area is the 16th largest MSA in the United States, with nearly 3,700,000 residents.

Key Highlights

  • Located in downtown Waconia, an affluent and growing suburb of Minneapolis‑Saint Paul, with household incomes exceeding $125,000 in the surrounding area.
  • Proximity to Lake Waconia (one block away), offering recreational activities.
  • Strong tenant mix including Waconia Brewing Company, Dominos, and T‑Mobile.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Bakery

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

23
Businesses Nearby

Demographics for 55387, MN

14,552
Population
5,711
Households
2.5
Avg Household Size
38
Median Age
49%
College-Educated
98%
High-School Grad
31.5 sq mi
ZIP Area
462
Density / Sq Mi
$109,279
Median Household Income
$62,716
Median Earnings
$1,306
Median Rent
$418,600
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Neighborhood center in downtown Waconia, one block from Lake Waconia.
Where is this strip mall located?
The property is located at 236 West 1st Street Waconia, MN.
What are key features of this property?
This property features: Located in downtown Waconia, an affluent and growing suburb of Minneapolis‑Saint Paul, with household incomes exceeding $125,000 in the surrounding area.; Proximity to Lake Waconia (one block away), offering recreational activities.; Strong tenant mix including Waconia Brewing Company, Dominos, and T‑Mobile.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message