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Versatile Retail/Cultivation/Manufacturing Facility
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1230 N State St, Waseca, MN

Adaptable space ideal for retail, cultivation, food manufacturing, and cold storage.

Property Size43,693 SF
Lot Size7.54 Acres
Price / SF$88.11
Days on Market249

Property Features for 1230 N State St

General Information

Standard status Active
Size 43,693 SF
Lot size 7.54 Acres
Property subtype RETAIL
Listing Agency: ReUrban LLC
Listed By: Dixon Diebold
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:07AM

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 ReUrban LLC

Investment Insights

Based on property information with market context.

This adaptable facility, located one hour from Minneapolis, is ideally suited for retail, cannabis cultivation, food manufacturing, or cold storage. Suite 1230 offers approximately 35,000 square feet of space with expansion possibilities. The property features a commercial kitchen equipped with floor drains, sinks, hoods, walk-in coolers, food preparation areas, and loading docks, complemented by a full HVAC system. Electrical capacity includes a 1600 amp 208v service, with 480v also available. Situated close to 35W, the location facilitates distribution to the north (metro area) and south (Iowa), with convenient east/west access via Highway 14. The property is co-anchored by Bomgaars Fleet and Farm, with Walmart and O'Riley Auto located across the street. The property is located on N State Street, which features the highest traffic counts in the market. Waseca is the county seat of Waseca County.

Key Highlights

  • Millions of dollars in commercial kitchen infrastructure already in place including floor drains, sinks, hoods, walk‑in coolers, food prep areas, loading docks, and full HVAC.
  • Ideal for retail, cannabis cultivation, food manufacturing, or cold storage.
  • Excellent distribution location: close to 35W for North/South and Hwy 14 for East/West access.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Cafe & Coffee Shop Daycare Center Barber Shop Kitchen & Bath Showroom

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

281
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 36% Home Improvements & Furnishings 15% Electronics 2%
Kwik Trip Shops & Services
18,926 visits/mo 0.3 miles
McDonald's Dining
14,826 visits/mo 0.3 miles
Bomgaars Home Improvements & Furnishings
8,202 visits/mo 0.1 miles
Dollar Tree Shops & Services
6,027 visits/mo 0.4 miles
Pizza Ranch Dining
3,585 visits/mo 0.4 miles

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 - Adaptable space ideal for retail, cultivation, food manufacturing, and cold storage.
Where is this retail space located?
The property is located at 1230 N State St Waseca, MN.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Millions of dollars in commercial kitchen infrastructure already in place including floor drains, sinks, hoods, walk‑in coolers, food prep areas, loading docks, and full HVAC.; Ideal for retail, cannabis cultivation, food manufacturing, or cold storage.; Excellent distribution location: close to 35W for North/South and Hwy 14 for East/West access.
(651) 343-1889 Call to check price and availability
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