Waconia Square

236 West 1st Street, Waconia, MN 55387

Property Information

  • 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

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

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.