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    OFF-MARKET
    Specialty properties

    141 1st St, Waconia, MN 55387-1527

    4,500 SF 0.44 ac lot Built 1948
    Entity Owned Free & Clear
    Property ID
    US46-0588734
    Property summary
    AI-generated overview

    This exceptional retail property, located at 141 1st Street W in Waconia, Minnesota, offers a fantastic opportunity for businesses seeking high-visibility space in a thriving community. The building, constructed in 2001, boasts a total of 11,000 square feet, with 8,038 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,538 square feet to a maximum contiguous space of 5,500 square feet, providing flexibility for various business needs. Situated in the heart of downtown Waconia, this property benefits from unparalleled visibility and exposure, just steps away from a vibrant mix of shops, restaurants, and other businesses. The location offers excellent signage opportunities, capitalizing on the high foot traffic of this bustling area. Waconia's pro-business environment and active chamber of commerce further enhance the appeal of this location. The building is ideally suited for businesses seeking a strong community presence and easy access to amenities. Tenant improvements are available, allowing for customization to meet specific business requirements. This is a rare opportunity to secure prime retail space in a desirable and growing community within Carver County. Don't miss out on this chance to establish your business in a thriving location.

    Property profile
    Verified
    Property type Specialty properties
    Use group FUNERAL HOME
    Year built 1948
    Total area 4,500 SF
    Lot 0.44 ac (19,166 SF)
    APN 75-0501800
    UPID US46-0588734
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    TODD JOHNSON PROPERTIES LLC
    TODD JOHNSON PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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