Building Details

Tenancy Multi

Listing Agency: Edina Realty, Inc. Show Phone

Listed By: Claire Conway Bartels Show Phone

Source: Exprealty

Added: Aug 18 Changed: Aug 31 Last Checked: Aug 30 at 8:08PM

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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.

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

Property Profile

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

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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