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    Waconia, MN Retail Properties & Spaces for Sale

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    St Bonifacius, MN Mayer, MN Minnetrista, MN Saint Bonifacius, MN Chaska, MN Victoria, MN Watertown, MN Young America, MN
    Waconia Square Retail/Office Center
    Updated: Nov 21, 2025
    Waconia Square Retail/Office Center

    236 West 1st Street, Waconia, MN 55387

    Contact for pricing
    38,412 sqft
    Located in downtown Waconia, an affluent and growing suburb of Minneapolis‑Saint Paul, with household incomes exceeding $125,000 in the surrounding area.
    Proximity to Lake Waconia (one block away), offering recreational activities.
    Strong tenant mix including Waconia Brewing Company, Dominos, and T‑Mobile.
    Large surface parking lot with a ratio of 4.68 stalls per 1,000 SF.
    Strong local ownership with negotiable Tenant Improvements (TIs).
    View details
    Newly Constructed Multi-Tenant Shopping Center
    Updated: Apr 10
    Newly Constructed Multi-Tenant Shopping Center

    10720 & 10730 10th St W, Waconia, MN 55387

    Contact for pricing
    Newly constructed multi‑tenant shopping center with adjacent freestanding Dollar Tree
    Retail occupants include Starbucks, Sport Clips, and AT&T; Qdoba Mexican Eats lease negotiations are underway
    6.75% cap rate
    Frontage on Minnesota Highway 5 with average traffic of 12,600 vehicles per day
    Less than a half mile from Ridgeview Medical Center, a 109‑bed acute care hospital
    View details
    Commercial Land with Highway Exposure
    Commercial Land with Highway Exposure

    839 Vista Blvd, Waconia, MN 55387

    Contact for pricing

    Site positioned for retail, restaurant, medical, or service-oriented development.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 3 Active listings in Waconia, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Space with Commercial Kitchen
    Retail Space with Commercial Kitchen

    18 3rd Avenue SE, Norwood Young America, MN 55397

    Contact for pricing
    14,816 sqft

    C-3-zoned property with lake views, a deck, and an inspected kitchen for restaurant, event-center, retail, or office use.

    View details
    Mixed-Use Building with Commercial Kitchen
    Mixed-Use Building with Commercial Kitchen

    3rd Ave SE, Norwood Young America, MN 55397

    Contact for pricing
    14,816 sqft

    C-3 zoning supports specialized service, retail, and office uses.

    View details
    Retail Building with Concessions
    Retail Building with Concessions

    2630 Commerce Blvd, Mound, MN 55364

    Contact for pricing

    Retail building with a flexible layout, seasonal jet ski rental operation, concessions, and included FF&E.

    View details
    Marketplace Retail Space
    Marketplace Retail Space

    2131-2195 Commerce Blvd, Mound, MN 55364

    Contact for pricing

    Retail space offered for sale at a Commerce Boulevard address.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land
    Commercial Land

    8331 Highway Seven, Minnetrista, MN 55375

    $299,900
    3.09 AC lot

    Commercially zoned parcel along Highway 7 with natural gas available and substantial daily traffic exposure.

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    5460 County Road 10, Victoria, MN 55318

    $4,500,000
    38.15 AC lot

    38.15-acre development parcel with planned commercial/industrial zoning and infrastructure extending to the property boundary.

    View details
    Chaska Land for Business Park
    Chaska Land for Business Park

    4848 Engler Boulevard, Chaska, MN 55318

    $7,400,000
    30.74 AC lot

    30.74 acres zoned "Business Park" in Chaska, Minnesota.

    View details
    Commercial Land with Highway Access
    Commercial Land with Highway Access

    12120 Jonathan Carver Parkway, Chaska, MN 55318

    $6,700,000
    60.00 AC lot

    Commercially zoned land with frontage visibility and multiple planned or existing access connections.

    View details

    Off-Market Properties in Waconia, MN

    Consider similar Off-Market properties in Waconia, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    140 State Hwy 5th 5
    CONVENIENCE STORE

    140 State Hwy 5th 5, Waconia, MN 55387-1713

    Value Estimation by Request
    1,960 sqft 1.07 AC lot
    View details
    710 Pne St
    AUTO REPAIR, GARAGE

    710 Pne St, Waconia, MN 55387-9536

    $305,000
    Estimated value
    6,380 sqft 1.54 AC lot
    View details
    801 State Hwy 284
    RETAIL STORES (PERSONAL SERVICES)

    801 State Hwy 284, Waconia, MN 55387-9584

    $2,745,000
    Estimated value
    30,300 sqft 9.15 AC lot
    View details
    100 Main St
    RETAIL STORES (PERSONAL SERVICES)

    100 Main St, Waconia, MN 55387-1022

    $255,000
    Estimated value
    2,312 sqft 0.14 AC lot
    View details
    125 Olive St
    RETAIL STORES (PERSONAL SERVICES)

    125 Olive St, Waconia, MN 55387-1421

    $860,000
    Estimated value
    2,080 sqft 0.28 AC lot
    View details
    24 1st St
    RETAIL STORES (PERSONAL SERVICES)

    24 1st St, Waconia, MN 55387-1410

    $400,000
    Estimated value
    1,620 sqft 0.13 AC lot
    View details
    235 State Hwy 5th 5
    VEHICLE SALES, RENTALS

    235 State Hwy 5th 5, Waconia, MN 55387-1726

    $7,755,000
    Estimated value
    24,924 sqft 3.03 AC lot
    View details
    140 Depot Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    140 Depot Dr, Waconia, MN 55387-1800

    $615,000
    Estimated value
    3,844 sqft 1.15 AC lot
    View details
    712 Vis Blvd
    SHOPPING CENTER, STRIP CENTER

    712 Vis Blvd, Waconia, MN 55387-4559

    $2,845,000
    Estimated value
    12,968 sqft 1.56 AC lot
    View details
    520 Cherry Dr
    RESTAURANT

    520 Cherry Dr, Waconia, MN 55387-4578

    $1,205,000
    Estimated value
    4,728 sqft 1.11 AC lot
    View details
    8 1st St
    RETAIL STORES (PERSONAL SERVICES)

    8 1st St, Waconia, MN 55387-1410

    $145,000
    Estimated value
    748 sqft 0.02 AC lot
    View details
    44 Main St
    RETAIL STORES (PERSONAL SERVICES)

    44 Main St, Waconia, MN 55387-1020

    $400,000
    Estimated value
    2,400 sqft 0.12 AC lot
    View details
    318 Lk St
    RESTAURANT

    318 Lk St, Waconia, MN 55387-1109

    $870,000
    Estimated value
    7,759 sqft 0.94 AC lot
    View details
    136 Main St
    RETAIL STORES (PERSONAL SERVICES)

    136 Main St, Waconia, MN 55387-1022

    $260,000
    Estimated value
    1,240 sqft 0.07 AC lot
    View details
    324 Birch St
    AUTO REPAIR, GARAGE

    324 Birch St, Waconia, MN 55387

    $250,000
    Estimated value
    2,160 sqft 0.09 AC lot
    View details
    4 Main St
    RETAIL STORES (PERSONAL SERVICES)

    4 Main St, Waconia, MN 55387-1113

    $250,000
    Estimated value
    4,420 sqft 0.15 AC lot
    View details
    246 Main St
    AUTO REPAIR, GARAGE

    246 Main St, Waconia, MN 55387-1024

    $275,000
    Estimated value
    1,800 sqft 0.23 AC lot
    View details
    753 Marketplace Dr
    GROCERY, SUPERMARKET

    753 Marketplace Dr, Waconia, MN 55387-1549

    $10,085,000
    Estimated value
    62,580 sqft 10.19 AC lot
    View details
    240 State Hwy 5th 5
    CONVENIENCE STORE

    240 State Hwy 5th 5, Waconia, MN 55387-1718

    $290,000
    Estimated value
    4,363 sqft 1.49 AC lot
    View details
    9364 Oak Ave
    BARBER, HAIR SALON

    9364 Oak Ave, Waconia, MN 55387-9422

    $250,000
    Estimated value
    1,499 sqft 0.13 AC lot
    View details
    540 Elm St
    SHOPPING CENTER, STRIP CENTER

    540 Elm St, Waconia, MN 55387-1814

    $235,000
    Estimated value
    6,400 sqft 0.48 AC lot
    View details

    Waconia, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 63 retail properties & spaces for sale in Waconia, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 38,412 square feet of properties for sale.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Storefront properties 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +10.1%
    Median Household Income $109,279
    College Educated 64.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.78%
    Property Tax per SF $17.53 per SF
    Tax Rate vs County Average 0.44 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carver County

    New Delisted

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