Versatile Retail/Cultivation/Manufacturing
For Sale
Contact for pricing
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 Market327
Property Features for 1230 N State St
General Information
Standard status
Active
Size
43,693 SF
Lot size
7.54 Acres
Property subtype
RETAIL
Properties For Sale
at 1230 N State St
Lease - Retail / Medical / Restaurant / PAD With Drive Thru
AVAILABLE, Now
Floor
1
Size
43,693 SF
Type
RETAIL
Sublease
No
Total Available Space 1,000 - 38,000 sq ft (Devisable)
- Ask about Drive Thru PAD
- CAM / TAX $1.26 psf / $1.52 psf
- Major co-tenant Bomgaars Fleet and Farm is a regional draw.
- Space is perfect for retail, medical, self-storage, or educational use.
- Directly across the street from the High School and the Middle School
- Area retailers Walmart, Verizon, McDonald's, Kwik Trip, Dairy Queen, Burger King, and Caribou.
- Tenant improvements are available
Contact us
Listing Agency:
ReUrban LLC
Listed By:
Dixon Diebold
(651) 343-1889
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 15
Last Checked: Oct 16 at 11:19AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Superstores 32%
Dining 26%
Home Improvements & Furnishings 9%
Walmart
Superstores
30,101 visits/mo
0.5 miles
Kwik Trip
Shops & Services
18,926 visits/mo
0.1 miles
McDonald's
Dining
14,826 visits/mo
0.2 miles
Bomgaars
Home Improvements & Furnishings
8,202 visits/mo
0.0 miles
Dollar Tree
Shops & Services
6,027 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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.
