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Property profile & analytics

141 1st St Waconia, MN 55387-1527

  • Specialty properties
  • 4,500 SF
  • 0.44 lot acres
OFF-MARKET
Value Estimations
$320,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US46-0588734
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Specialty properties

Property Details for 141 1st St

Year built
1948
Lot size
0.44 lot acres
Property size
4,500 SF
Property type
Specialty properties
APN
75-0501800
APU
750501800

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $320,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $515,000
    RETAIL STORES
    $460,000
    MEDICAL BUILDING
    $425,000
    AUTO REPAIR, GARAGE
    $405,000

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Location Insight

  • Map
  • Local Demand
City
Waconia
County
Carver
State
Minnesota
Longitude
-93.7834
Latitude
44.849
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$24,614
$191,700
$690,800
$882,500
-
$191,700
$690,800
$882,500
More about this property
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