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Property profile & analytics
OFF-MARKET Estimated value $570,000
Office buildings

112 5th St Chaska, MN 55318-2251

2,992 SF 0.18 ac lot Built 2000
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US46-0713308
Property summary
AI-generated overview

This exceptional office opportunity encompasses two contiguous suites, units 202B and 202C, totaling 9,020 square feet, situated on the second floor of a building at 112 E 5th Street in Chaska, Minnesota. The property boasts a convenient downtown location, offering immediate proximity to essential amenities. Units 202B and 202C share common space with unit 202A. Individual suite sizes are 209 square feet (202B) and 123 square feet (202C), providing flexibility for various business needs. The combined space presents a unique opportunity for expansion or consolidation. The building offers both on-street and off-street parking, ensuring convenient access for employees and clients. This prime location places businesses within walking distance of key services, including several banks, city hall, the Carver County courthouse, and a variety of restaurants. The 0.18-acre lot provides ample space for the building and its parking facilities. This property is ideally suited for businesses seeking a central location with easy access to local government and community resources. The combined square footage of the two units provides significant space for a variety of business operations. The convenient location and ample parking make this an attractive option for businesses of all sizes. This is a rare opportunity to acquire a well-located office space in the thriving Chaska business district.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 2,992 SF
Lot 0.18 ac (7,841 SF)
APN 30-0501200
UPID US46-0713308
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kim Schaffer - State Farm Insurance Agent Insurance Agency
  • Kirsten Smith Law LLC Law Firm
  • Lower Mn River Watershed District Water Testing Service
  • Liberty Title Title Company
  • GBI Homes Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$585k
Comparable Approach Comparable
$557k
Blend (final) Blend
$570k
Owner & transaction history
Daniel J Hron · 7 yrs held
Daniel J Hron
since 2018
7 recorded transactions
2018
$600,000
2016
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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