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    140 S Elm St Waconia, MN

    For Lease
    $25 SF/Yr ($9,083 /Mo)

    Restaurant space with patio in Waconia's Entertainment District.

    Property size:
    4,360 SF
    Lot size:
    1.19 Acres

    Property Features for 140 S Elm St

    General Information

    Size
    4,360 SF
    Lot size
    1.19 Acres

    Source: Coldwell Banker Commercial Realty Agent Craig Weber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space in Waconia Entertainment

    This restaurant space is located in the heart of Waconia's Entertainment District. The property features tall ceilings, extended windows, and a bistro patio. Built-in customers are present in the apartment building. An opening date is projected for June 2026. An additional 800-square-foot space is available, suitable for a med-spa or personal health business. The property size is 4,360 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Wholesale Shop Dental Office Spa & Massage Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waconia
    County
    Carver
    State
    Minnesota
    Longitude
    -93.7876429
    Latitude
    44.8504317

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with patio in Waconia's Entertainment District.
    Where is this restaurant located?
    The property is located at 140 S Elm St Waconia, MN.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Restaurant space in Waconia's Entertainment District; - Built-in customer base from the apartment building; - **Tall ceilings with extended windows**
    (612) 968-0839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 S Elm St Waconia, MN
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