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Former School District Office Building
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4540 Tower St SE, Prior Lake, MN

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

Property Size21,588 SF
Lot Size2.66 Acres
Price / SF$127.39
Days on Market247

Property Features for 4540 Tower St SE

General Information

Standard status Active
Size 21,588 SF
Lot size 2.66 Acres
Property subtype OFFICE
Listing Agency: Cerron Commercial Properties
Listed By: Rebecca Zweber
Source: Moodyscre
Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:27AM

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 Cerron Commercial Properties

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

Current Use

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

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage 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

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?
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
(952) 240-6090 Call to check price and availability
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