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Waconia, MN

Retail

Waconia, MN Retail Properties & Spaces for Sale

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St Bonifacius, MN Mayer, MN Saint Bonifacius, MN Chaska, MN Victoria, MN Chanhassen, MN Minnetrista, MN Watertown, 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).

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 1 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.

Auto Shop with Four Drive-In Doors

Auto Shop with Four Drive-In Doors

210 Railroad St W, Norwood Young America, MN 55368

$445,000

6,351 sqft

Corner property with office space and dedicated automotive service improvements.

Historic Storefront with Original Detail

Historic Storefront with Original Detail

114 E 2nd Street, Chaska, MN 55318

$250,000

0.04 AC lot

Open commercial interiors and a basement offer flexibility for office, professional service, or retail operations.

Creative Studio with Open Work Area

Creative Studio with Open Work Area

223 Elm Street W, Norwood Young America, MN 55368

$149,900

0.08 AC lot

A front office, storage room, restroom, and separate employee entry support a flexible interior arrangement.

Chaska Retail and Office Space

Chaska Retail and Office Space

424 N Chestnut St, Chaska, MN 55318

Contact for pricing

4,362 sqft

Multi-tenant property in downtown Chaska, ideal for retail and office.

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 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.

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.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

5278 Highway 212, Carver, MN 55315

$3,300,000

15.40 AC lot

Commercial/industrial land guidance with utilities adjacent to the parcel.

Chanhassen Land Near Minnesota River

Chanhassen Land Near Minnesota River

XX1 Flying Cloud Dr., Chanhassen, MN 55386

$724,550

55.76 AC lot

Large commercial and industrial land parcel near the MN River.

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

Estimated value: by Request

1,960 sqft 1.07 AC lot

710 Pne St

AUTO REPAIR, GARAGE

710 Pne St, Waconia, MN 55387-9536

Estimated value:

$305,000

6,380 sqft 1.54 AC lot

801 State Hwy 284

RETAIL STORES (PERSONAL SERVICES)

801 State Hwy 284, Waconia, MN 55387-9584

Estimated value:

$2,745,000

30,300 sqft 9.15 AC lot

100 Main St

RETAIL STORES (PERSONAL SERVICES)

100 Main St, Waconia, MN 55387-1022

Estimated value:

$255,000

2,312 sqft 0.14 AC lot

125 Olive St

RETAIL STORES (PERSONAL SERVICES)

125 Olive St, Waconia, MN 55387-1421

Estimated value:

$860,000

2,080 sqft 0.28 AC lot

24 1st St

RETAIL STORES (PERSONAL SERVICES)

24 1st St, Waconia, MN 55387-1410

Estimated value:

$400,000

1,620 sqft 0.13 AC lot

235 State Hwy 5th 5

VEHICLE SALES, RENTALS

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

Estimated value:

$7,755,000

24,924 sqft 3.03 AC lot

140 Depot Dr

DRIVE-THRU RESTAURANT, FAST FOOD

140 Depot Dr, Waconia, MN 55387-1800

Estimated value:

$615,000

3,844 sqft 1.15 AC lot

712 Vis Blvd

SHOPPING CENTER, STRIP CENTER

712 Vis Blvd, Waconia, MN 55387-4559

Estimated value:

$2,845,000

12,968 sqft 1.56 AC lot

520 Cherry Dr

RESTAURANT

520 Cherry Dr, Waconia, MN 55387-4578

Estimated value:

$1,205,000

4,728 sqft 1.11 AC lot

8 1st St

RETAIL STORES (PERSONAL SERVICES)

8 1st St, Waconia, MN 55387-1410

Estimated value:

$145,000

748 sqft 0.02 AC lot

44 Main St

RETAIL STORES (PERSONAL SERVICES)

44 Main St, Waconia, MN 55387-1020

Estimated value:

$400,000

2,400 sqft 0.12 AC lot

318 Lk St

RESTAURANT

318 Lk St, Waconia, MN 55387-1109

Estimated value:

$870,000

7,759 sqft 0.94 AC lot

136 Main St

RETAIL STORES (PERSONAL SERVICES)

136 Main St, Waconia, MN 55387-1022

Estimated value:

$260,000

1,240 sqft 0.07 AC lot

324 Birch St

AUTO REPAIR, GARAGE

324 Birch St, Waconia, MN 55387

Estimated value:

$250,000

2,160 sqft 0.09 AC lot

4 Main St

RETAIL STORES (PERSONAL SERVICES)

4 Main St, Waconia, MN 55387-1113

Estimated value:

$250,000

4,420 sqft 0.15 AC lot

246 Main St

AUTO REPAIR, GARAGE

246 Main St, Waconia, MN 55387-1024

Estimated value:

$275,000

1,800 sqft 0.23 AC lot

753 Marketplace Dr

GROCERY, SUPERMARKET

753 Marketplace Dr, Waconia, MN 55387-1549

Estimated value:

$10,085,000

62,580 sqft 10.19 AC lot

240 State Hwy 5th 5

CONVENIENCE STORE

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

Estimated value:

$290,000

4,363 sqft 1.49 AC lot

9364 Oak Ave

BARBER, HAIR SALON

9364 Oak Ave, Waconia, MN 55387-9422

Estimated value:

$250,000

1,499 sqft 0.13 AC lot

540 Elm St

SHOPPING CENTER, STRIP CENTER

540 Elm St, Waconia, MN 55387-1814

Estimated value:

$235,000

6,400 sqft 0.48 AC lot

201 1st St

RETAIL STORES (PERSONAL SERVICES)

201 1st St, Waconia, MN 55387-1302

Estimated value:

$505,000

3,564 sqft 0.09 AC lot

241 Frontage Rd

RESTAURANT

241 Frontage Rd, Waconia, MN 55387-1862

Estimated value:

$260,000

3,828 sqft 0.99 AC lot

Waconia, MN Retail Properties & Spaces Market Trends and Statistics

Explore 61 retail properties & spaces for sale in Waconia, MN on our real estate platform. These investment opportunities span a total of 38,412 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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%

How Realmo verifies these figures

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