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Downtown Shakopee Mixed-Use Building
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230 1st Ave E, Shakopee, MN 55379

Versatile commercial building in downtown Shakopee, suitable for various uses.

Space Size4,125 SF
Days on Market156

Property Features for 230 1st Ave E

General Information

Standard status Active
Size 4,125 SF
Property subtype Office, Retail
Lease Type NNN

Building Details

Building Size 4,125 SF
Year Built 1950
Tenancy Single

Spaces For Lease

at 230 1st Ave E Contact us

230 1st Ave E

Size
4,125 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: North Star Commercial
Listed By: Scott Naasz · License #MN 40709913
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 1:21PM

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 North Star Commercial

Investment Insights

Based on property information with market context.

This commercial building, offering approximately 4,125 square feet, is located in downtown Shakopee and is available for lease. The property features a storefront entrance on 1st Avenue and rear access. It is suited for retail, office, or creative mixed-use concepts. The building includes approximately 667 square feet of warehouse space with a drive-in door, providing flexibility for storage, operations, or light industrial use. The downtown location benefits from foot and vehicle traffic, while the flexible interior layout allows a variety of business types to thrive. Situated in the heart of downtown Shakopee, 230 1st Avenue East offers visibility and accessibility in a thriving business district surrounded by local shops and restaurants. The property features a functional layout with both front and rear access, ideal for retail, office, or creative use. Conveniently located just 7 minutes from the new amphitheater, this spot provides exposure and proximity to one of the area’s attractions.

Key Highlights

  • Prime downtown Shakopee location with high visibility and foot traffic.
  • Versatile 4,125 SF building suitable for retail, office, or mixed‑use concepts.
  • Includes approximately 667 SF of warehouse space with a drive‑in door.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type
$25.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile commercial building in downtown Shakopee, suitable for various uses.
Where is this mixed-use property located?
The property is located at 230 1st Ave E Shakopee, MN.
What is the lease rate?
The lease rate is $168 SF/Yr.
What are key features of this property?
This property features: Prime downtown Shakopee location with high visibility and foot traffic.; Versatile 4,125 SF building suitable for retail, office, or mixed‑use concepts.; Includes approximately 667 SF of warehouse space with a drive‑in door.
(612) 819-8285 Call to check price and availability
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