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Restaurant with Basement Speakeasy
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125 W 1st St, Waconia, MN 55387

A restaurant configured for efficient kitchen service includes a separate speakeasy in the basement.

Property Size3,404 SF
Price / SF$543.48
Days on Market15
Rey
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Property Features for 125 W 1st St

General Information

Standard status Active
Size 3,404 SF
Property subtype RETAIL

Additional Details

Business Included Yes
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Craig Weber
Source: Moodyscre
Added: Oct 1 Changed: Oct 15 Last Checked: Oct 15 at 2:10AM

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 Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

This 3,404-square-foot restaurant has a kitchen designed to support efficient service. A speakeasy occupies the basement, adding a distinct second component to the property.

The restaurant is at 125 W 1st St in downtown Waconia, Minnesota.

Key Highlights

  • 3,404‑square‑foot restaurant
  • Basement speakeasy
  • Kitchen designed for efficient service

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Garden Center Bakery Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A restaurant configured for efficient kitchen service includes a separate speakeasy in the basement.
Where is this conventional restaurant located?
The property is located at 125 W 1st St Waconia, MN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 3,404‑square‑foot restaurant; Basement speakeasy; Kitchen designed for efficient service
(612) 968-0839 Call to check price and availability
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