- For Lease $9.00 - $14.00/SF/YR
- Property Type Retail
- Property Size 38,412 SF
- Lot Size 0.92 Acre
- Parking Spaces Avail. 168
- Parking Ratio 4.68 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1980
- Year Renovated 2019
- Date Updated May 27, 2026
Description
Waconia is a thriving, affluent and growing western submarket in the Minneapolis-Saint Paul metropolitan area. The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live.
Household incomes exceed $125,000 for the majority of the submarket. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities.
Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.SVN | Northco is pleased to present for lease Waconia Square, a ±38,412 SF neighborhood center in charming downtown Waconia, MN. Waconia is an affluent and growing western suburb in the Minneapolis-Saint Paul metropolitan area. The center has a fantastic tenant mix of local and regional tenants, and contains both retail and office suites.
The community is located just 30 miles west of downtown Minneapolis, and it is only 10 miles from the town of Victoria and famous Lake Minnetonka. The submarkets bordering Waconia to the east are some of the wealthiest in the State of Minnesota, and also contain some of the most desirable communities in the metropolitan area in which to live. Waconia Square is located in the charming downtown area on Main Street, only one block from Lake Waconia. This is a scenic lake containing an island that is very popular for a variety of recreational activities. Minneapolis-Saint Paul is currently the 16th largest MSA in the United States with nearly 3,700,000 residents.
Highlights
- All retail suites feature their own street address.
- Available spaces range from ±849 - 1,830 SF of office space. There are only office suites currently available at the center.
- Great tenant mix including Waconia Brewing Company, Dominos, T-Mobile, and many more
- Large surface lot available to all tenants with a 4.68 stalls per 1,000 SF ratio
- Neighborhood center located in the heart of downtown Waconia only one block from scenic Lake Waconia
- Strong demographics including nearly $120K average HH income within 5 miles
- Strong local ownership; negotiable TIs
True
2 Spaces Available
Suite 240
Space Type
Retail
Lease Rate
$9.00/SF/YR
Total Space
849 SF
Floor
2
Divisible Space
849 - 849 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Second floor office suite.
Suite 290
Space Type
Retail
Lease Rate
$14.00/SF/YR
Total Space
1,830 SF
Divisible Space
1,830 - 1,830 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Edward Rupp
SVN | Northco
Location
Located at 236 West 1st Street, Waconia, MN 55387, this property is part of the Waconia neighborhood and Minneapolis St Paul market.
Contact Listing Broker
Edward Rupp
SVN | Northco