Building Details

Year Built 1977

Year Renovated 1993

Tenancy Single

Listing Agency: Cerron Properties

Listed By: rebecca zweber · License #40519185 Show Phone

Source: Crexi

Added: Dec 3, 2025 Changed: Sep 10 Last Checked: Sep 14 at 5:54AM

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Investment Insights

Based on property information with market context.

The former Prior Lake–Savage School District Office Building is available for sale. The building has an approximate area of 21,588 square feet, plus an additional storage/garage building of approximately 2,700 square feet, situated on an approximately 2.66-acre site. The layout includes over 29 offices, 6 conference rooms, 3 sets of restrooms, and 1 kitchenette. It features 2 secure entrances with vestibules. The property is located just south of the Post Office and is close to retail, fast food, and Hwy 13. It is identified by Scott County PID# 250220050. The property will be available in June 2026.

Key Highlights

• Approx. 21,588 SF Building plus approx. 2,700 SF Storage/Garage Building on Approx. 2.66 Acre Site
• 29+ Offices and 6 Conference Rooms
• Located close to retail, fast food, and Hwy 13

Property Analytics

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Current Use

Laker Educational Foundation Charitable Organization Prior Lake-Savage Area ... School District Office Kids' Company Tutoring Service

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

314

Businesses Nearby

Explore this area Business Placement

Demographics for 55372, MN

34,327

Population

12,631

Households

2.7

Avg Household Size

41

Median Age

50%

College-Educated

97%

High-School Grad

58.5 sq mi

ZIP Area

587

Density / Sq Mi

$140,835

Median Household Income

$66,558

Median Earnings

$1,406

Median Rent

$450,100

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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What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 21,588 SF office building with 2,700 SF storage/garage.

Where is this office building located?

The property is located at 4540 Tower St SE Prior Lake, MN.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Approx. 21,588 SF Building plus approx. 2,700 SF Storage/Garage Building on Approx. 2.66 Acre Site; 29+ Offices and 6 Conference Rooms; Located close to retail, fast food, and Hwy 13