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    Shakopee, MN Retail Space for Sale

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    Chanhassen, MN Chaska, MN Eden Prairie, MN
    Downtown Shakopee Commercial Building
    $875,000
    7,000 SF
    Downtown Shakopee Commercial Building

    112 Sommerville St S, Shakopee, MN 55379

    Highly visible commercial building in the heart of Downtown Shakopee.
    • Highly visible commercial building in the heart of Downtown Shakopee.
    • Located on a prominent corner with excellent exposure and strong pedestrian presence.
    • Approximately 7,000 square feet across two levels with flexible space for various commercial uses.
    • Dedicated on‑site parking combined with nearby street parking.
    • Benefits from excellent visibility and signage opportunities along Sommerville Street.
    Updated: Mar 12
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Shakopee, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Excelsior Boulevard Investment Property
    $1,595,000
    12,736 SF
    Excelsior Boulevard Investment Property

    Investment property with long-term tenants and vacant spaces.

    13110 Excelsior Boulevard, Hopkins, MN 55343

    View details
    Chaska Retail/Office Space Available
    $628,000
    1,445 SF
    Chaska Retail/Office Space Available

    Retail or office space in the heart of Chaska.

    102 W 5th St, Chaska, MN

    View details
    Chaska Retail and Office Space
    Contact for pricing
    4,362 SF
    Chaska Retail and Office Space

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

    424 N Chestnut St, Chaska, MN 55318

    View details
    Excelsior Boulevard Investment Property
    $1,595,000
    15,736 SF
    Excelsior Boulevard Investment Property

    Investment property with long-term tenants and vacant spaces.

    13110 Excelsior Boulevard, Hopkins, MN 55343

    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Shakopee, MN Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Shakopee, MN on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for retail space in Shakopee, MN start at $875,000, averaging $875,000, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Storefront properties 4
    Auto shops 2
    Automotive properties 2

    Demographics Overview

    Population 84K
    Population Growth (5Y) +6.6%
    Median Household Income $122,650
    College Educated 58.2%

    High-Yield Neighborhoods for Investment

    Identify Shakopee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55379 $875K

    Taxes & Financing

    Tax Rate (average for all types) 2.42%
    Property Tax per SF $26.37 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Scott County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Shakopee fall within the 100,000+ square foot range.

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