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New Mixed-Use Development Retail Space
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591 W 78th St, Chanhassen, MN 55317

New mixed-use development with retail space and market rate apartments.

Space Size1,448 SF - 4,453 SF
Property Size14,882 SF
Days on Market334

Property Features for 591 W 78th St

General Information

Standard status Active
Size 1,448 SF - 4,453 SF
Property subtype Mixed Use Development | Retail, Market Rate Apartments

Building Details

Building Size 14,882 SF

Spaces For Lease

at 591 W 78th St Contact us

Suite 1 - 4,453 SF

Size
4,453 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 4 - 1,565 SF

Size
1,565 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 5 - 1,448 SF

Size
1,448 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 6 - 1,581 SF

Size
1,581 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Jesseka Doherty
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 9 Last Checked: Aug 9 at 7:53PM

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 Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

The property is a new mixed-use development located in downtown Chanhassen. It features 310 market rate apartments and over 14,000 square feet of retail space. The location offers prominent signage and free on-site parking for customers. The surrounding area has a strong three-mile radius with average incomes exceeding $187,000 and a daytime population surpassing 40,000. The property is positioned within a continually growing residential community. Area co-tenants include Cub Foods, Lunds & Byerlys, Target, Chanhassen Dinner Theater, Aldi Total Wine, and Lakewinds Co-Op. This new development aims to position businesses for success within a thriving and affluent local market. The property size is 14 square feet.

Key Highlights

  • Prime location in the heart of downtown Chanhassen.
  • Part of a new mixed‑use development with 310 market‑rate apartments.
  • High average household income exceeding $187,000 within a 3‑mile radius.

Property Analytics

Current Use

Country Inn & Suites ... Hotel & Motel WW Studio @ CountryInn ... Weight Loss Service

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Accounting Firm Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

880
Businesses Nearby

Demographics for 55317, MN

21,774
Population
8,731
Households
2.5
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
13.1 sq mi
ZIP Area
1,662
Density / Sq Mi
$133,573
Median Household Income
$65,655
Median Earnings
$1,763
Median Rent
$505,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New mixed-use development with retail space and market rate apartments.
Where is this mixed-use property located?
The property is located at 591 W 78th St Chanhassen, MN.
What are key features of this property?
This property features: Prime location in the heart of downtown Chanhassen.; Part of a new mixed‑use development with 310 market‑rate apartments.; High average household income exceeding $187,000 within a 3‑mile radius.
More about this property
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