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    Waconia, MN
    Strip Mall

    Waconia, MN Strip Malls for Sale

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    St Bonifacius, MN Minnetrista, MN Chaska, 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).
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Waconia, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Stabilized Retail Strip Center
    Stabilized Retail Strip Center

    511 Holly Ln, Mankato, MN 56001

    $3,490,000

    Retail strip center in Mankato, MN with NNN leases.

    View details
    Richfield Retail Strip Center For Sale
    Richfield Retail Strip Center For Sale

    6621 Penn Ave S, Minneapolis, MN 55423

    $2,100,000
    7,000 sqft

    Unanchored neighborhood strip center in Richfield location.

    View details
    Retail Property in Mankato, MN
    Retail Property in Mankato, MN

    1920 Adams St, Mankato, MN

    $3,150,000
    7,480 sqft · 1.18 AC lot

    Retail property with national tenants, excellent visibility and access.

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    Retail Strip Center For Sale
    Retail Strip Center For Sale

    2111 Franklin Ave E, Minneapolis, MN

    Contact for pricing
    10,119 sqft · 0.41 AC lot

    Retail strip center with restaurant, bakery, and grocery store.

    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 in Somerset, WI
    Commercial Land in Somerset, WI

    108 MAIN St, Somerset, WI 54025

    $159,000
    0.68 AC lot

    Commercial land for sale in Somerset, Wisconsin.

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    Commercial Land Near Highway 59
    Commercial Land Near Highway 59

    605 PIONEER Avenue, Oakland, IA 51560

    $95,000
    1.46 AC lot

    Large commercial lot suitable for various development projects.

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    Commercial Land in Rockton, IL
    Commercial Land in Rockton, IL

    N Main, Rockton, IL 61072

    $550,000
    13.20 AC lot

    13.2 acres of commercial land near downtown Rockton.

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    Zoned Commercial General Development Land
    Zoned Commercial General Development Land

    N Main Street, Rockton, IL 61072

    $550,000
    13.20 AC lot

    Commercially zoned acreage near Red Barn Golf Course and nearby housing, offering flexibility for a range of business uses.

    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.

    712 Vis Blvd
    SHOPPING CENTER, STRIP CENTER

    712 Vis Blvd, Waconia, MN 55387-4559

    $2,790,000
    Estimated value
    12,968 sqft · 1.56 AC lot
    View details
    540 Elm St
    SHOPPING CENTER, STRIP CENTER

    540 Elm St, Waconia, MN 55387-1814

    Value Estimation by Request
    6,400 sqft · 0.48 AC lot
    View details
    236 1st St
    SHOPPING CENTER, STRIP CENTER

    236 1st St, Waconia, MN 55387

    $805,000
    Estimated value
    30,542 sqft · 0.92 AC lot
    View details

    Waconia, MN Strip Malls Market Trends and Statistics

    Explore 4 strip malls 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, with an estimated market value of $9.

    Sale prices for retail strips in Waconia, MN start at $9, averaging $9, and reaching up to $9 — 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 3

    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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