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Flexible Retail or Office Suite
For Lease
$2,026/Mo CAM $3.48 /SF/Yr

4636 Colorado St SE, Prior Lake, MN 55372

Flexible first- or second-floor suite suited for retail, office, or service users in downtown Prior Lake.

Space Size2,589 SF
Property Size14,738 SF
Days on Market98

Property Features for 4636 Colorado St SE

General Information

Standard status Active
Size 2,589 SF
Property subtype Retail

Building Details

Building Size 14,738 SF
Year Built 2026

Spaces For Lease

at 4636 Colorado St SE
4636 Colorado Street Prior Lake | Second Floor
Size 2,589 SF
Type Street Retail
Term Negotiable
Contact us
Listing Agency: North Star Commercial
Listed By: Scott Naasz · License #MN #40922534
Source: 7s
Added: Jul 25 Changed: Oct 26 Last Checked: Oct 30 at 1:16PM

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

Rey
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Investment Insights

Based on property information with market context.

Position your business in this first- or second-floor commercial space with a flexible layout designed for retail, office, or service-based users. The suite is approximately 896 square feet and is supported by an active tenant mix in the immediate area.

The property is anchored by the anticipated Chula’s Mexican-Latin Food & Spirits, which is expected to draw destination traffic to downtown Prior Lake. A neighboring dance studio also generates consistent daily foot traffic from students, families, and visitors, adding visibility and exposure for tenants.

Additional operating-cost information provided includes an estimated 2026 CAM/tax of $3.48 per square foot. The remarks also note convenient access to Minneapolis, Saint Paul, and Mystic Lake Casino Hotel.

Key Highlights

  • Flexible first- or second‑floor commercial space in downtown Prior Lake for retail, office, or service use
  • Anchored by the planned Chula’s Mexican‑Latin Food & Spirits in the same property
  • Neighboring dance studio generates consistent daily foot traffic from students, families, and visitors

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Bakery Auto Parts Store Garden Center

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

$3.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

659
Businesses Nearby

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible first- or second-floor suite suited for retail, office, or service users in downtown Prior Lake.
Where is this retail space located?
The property is located at 4636 Colorado St SE Prior Lake, MN.
What is the lease rate?
The lease rate is $2,026/Mo.
What are key features of this property?
This property features: Flexible first- or second‑floor commercial space in downtown Prior Lake for retail, office, or service use; Anchored by the planned Chula’s Mexican‑Latin Food & Spirits in the same property; Neighboring dance studio generates consistent daily foot traffic from students, families, and visitors
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