Building Details

Tenancy Multi

Listing Agency: Edina Realty, Inc. Show Phone

Listed By: Claire Conway Bartels Show Phone

Source: Exprealty

Added: Aug 18 Changed: Oct 5 Last Checked: Oct 16 at 3:16PM

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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 Edina Realty, Inc.

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Investment Insights

Based on property information with market context.

Three commercial suites are available for lease within the building at 251 Main St N. Suite E offers 1,200 SF at the front of the property, with visibility from Highway 52. Suite C provides 1,600 SF toward the rear, while Suite D includes 800 SF in the middle of the building. Each space is offered under an NNN lease structure.

A large drive-through parking lot serves the property and connects with Kwik Trip and Sunshine Foods. The suite layouts and positions support a range of retail, office, service, wellness, gym, studio, and light commercial applications as described for the individual spaces.

Key Highlights

• Three commercial lease suites available: 1,200 SF, 1,600 SF, and 800 SF
• Suite E is positioned at the front of the building with visibility from Highway 52
• Suite C offers the largest available space at 1,600 SF toward the rear

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store

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

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

226

Businesses Nearby

Explore this area Business Placement

Demographics for 55923, MN

4,705

Population

1,789

Households

2.6

Avg Household Size

40

Median Age

33%

College-Educated

95%

High-School Grad

126.1 sq mi

ZIP Area

37

Density / Sq Mi

$93,446

Median Household Income

$50,241

Median Earnings

$709

Median Rent

$251,100

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

Frequently Asked Questions

What type of property is this?

Retail space - Three lease suites provide options for retail, office, service, wellness, and light commercial uses.

Where is this retail space located?

The property is located at 251 Main St N Chatfield, MN.

What is the lease rate?

The lease rate is $5,000/Mo.

What are key features of this property?

This property features: Three commercial lease suites available: 1,200 SF, 1,600 SF, and 800 SF; Suite E is positioned at the front of the building with visibility from Highway 52; Suite C offers the largest available space at 1,600 SF toward the rear