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Retail Space with High Ceilings
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123 W 2nd Ave, Shakopee, MN 55379

Retail space with an open floor plan, 10 to 13 ft ceilings, and B-3 zoning in Downtown Shakopee.

Property Size16,888 SF
Price / SF$88.52
Days on Market59

Property Features for 123 W 2nd Ave

General Information

Standard status Active
Size 16,888 SF
Property subtype RETAIL
Zoning B-3
Listing Agency: Kubes Realty
Listed By: Randy Kubes
Source: Moodyscre
Added: Jun 12 Changed: Jul 30 Last Checked: Jul 30 at 8:55AM

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 Kubes Realty

Investment Insights

Based on property information with market context.

This retail space offers an open floor plan with high ceilings ranging from 10 ft to 13 ft. The property is complemented by a large parking lot, supporting convenient customer access. With B-3 zoning, the space can fit a range of business needs, making it worth a close look for an owner-occupant or investment use.

Located in Downtown Shakopee, the building totals 16,888 SF and is positioned for foot-traffic and visibility that typically benefit retail and service concepts. The on-site parking helps accommodate day-to-day operations and customer visits.

If you’re looking for a flexible retail interior with strong ceiling height and parking support in a B-3 zoned downtown setting, this property provides a practical foundation to plan your layout.

Key Highlights

  • 16,888 SF retail space in Downtown Shakopee
  • Open floor plan designed for flexible merchandising or service layouts
  • Ceiling height ranges from 10 ft to 13 ft

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Parking Lot & Garage Skin Care Clinic Hair Salon

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

593
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Holiday Station Store Shops & Services
11,063 visits/mo 0.0 miles
KFC Dining
7,540 visits/mo 0.3 miles
El Toro Dining
2,532 visits/mo 0.5 miles
Domino's Pizza Dining
2,136 visits/mo 0.1 miles
Papa John's Pizza Dining
1,040 visits/mo 0.2 miles

Demographics for 55379, MN

48,254
Population
18,028
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
57.9 sq mi
ZIP Area
833
Density / Sq Mi
$109,824
Median Household Income
$55,390
Median Earnings
$1,540
Median Rent
$366,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with an open floor plan, 10 to 13 ft ceilings, and B-3 zoning in Downtown Shakopee.
Where is this retail space located?
The property is located at 123 W 2nd Ave Shakopee, MN.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 16,888 SF retail space in Downtown Shakopee; Open floor plan designed for flexible merchandising or service layouts; Ceiling height ranges from 10 ft to 13 ft
(612) 599-7440 Call to check price and availability
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