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    1151 Wayzata Blvd Wayzata, MN 55391

    Sponsored
    For Lease
    Contact for pricing

    Prime Wayzata location, 1,600 sq ft available.

    Lot size:
    93,184 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail space, totaling 1,600 square feet, is situated within the 93,184 square foot Colonial Square shopping center in the affluent city of Wayzata, Minnesota. Located at 1151 Wayzata Boulevard, zip code 55391, this property boasts a highly desirable location within a grocery-anchored center, ensuring consistent foot traffic and strong co-tenancy. The space is part of a larger, single-suite commercial building in Hennepin County. The property offers immediate occupancy for a single tenant seeking a prominent presence in this thriving community. The address is easily accessible and benefits from high visibility along Wayzata Boulevard. This presents a unique opportunity for businesses seeking to establish or expand their operations in a high-income demographic area. The 1,600 square feet provides ample space for a variety of retail uses. Serious inquiries are encouraged to explore this exceptional retail opportunity in a prime Wayzata location. The property is ready for immediate occupancy.

    Property Features for 1151 Wayzata Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    93,184 SF

    Unit(s) available at that property

    Space
    Suite 14
    Size
    1,600 SF

    HighLights

    • 1,600 SF retail space available for immediate occupancy in Wayzata, MN.
    • Located at 1151 Wayzata Boulevard, 55391, within the 93,184 SF Colonial Square shopping center.
    • Grocery‑anchored center with high foot traffic and strong co‑tenancy.
    • High visibility location on Wayzata Boulevard, offering excellent accessibility.
    • Suitable for a variety of retail uses, targeting a high‑income demographic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayzata
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.5002972
    Latitude
    44.9724348

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    FAQs

    What type of property is this?
    Retail property - Prime Wayzata location, 1,600 sq ft available.
    Where is this retail property located?
    The property is located at 1151 Wayzata Blvd Wayzata, MN.
    What are key features of this property?
    This property features: 1,600 SF retail space available for immediate occupancy in Wayzata, MN.; Located at 1151 Wayzata Boulevard, 55391, within the 93,184 SF Colonial Square shopping center.; Grocery-anchored center with high foot traffic and strong co-tenancy.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1151 Wayzata Blvd Wayzata, MN 55391
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