Waconia Square

For Lease 2,369 SF

236 West 1st Street, Waconia, MN 55387

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.

Key features

  • All retail suites feature their own street address.
  • Available spaces range from ±593 - 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

Rental Details

  • Number of spaces 2
  • Total square feet available 2,369 SF
  • For Lease $9.00 - $14.00/SF/YR
  • Space Type Retail
  • Lease Type NNN
  • Latest Update Nov 12, 2026
View Attachment
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

2 Spaces Available

Suite 250

Space Type
Retail
Lease Rate
$9.00/SF/YR
Total Space
539 SF
Lease Type
NNN

Suite 290

Space Type
Retail
Lease Rate
$14.00/SF/YR
Total Space
1,830 SF
Lease Type
NNN

Contacts

Edward Rupp

SVN | Northco

Building Details

  • For Lease $9.00 - $14.00/SF/YR
  • Property Type Retail
  • Property Size 38,412 SF
  • Lot Size 0.92 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 168
  • Parking Ratio 4.68 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Year Renovated 2019
  • Date Updated Nov 12, 2026

Location

  • City Waconia, MN
  • Neighborhood Waconia
  • Zip Code 55387
  • Market Minneapolis St Paul
  • Walk score 59/100 Somewhat Walkable
  • Bike score 42/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Kwik Trip

0.94 miles

Holiday

4.21 miles

Schell - Mound

9.12 miles

Super America

9.46 miles

SA

9.53 miles

BP Shoreline

9.70 miles

Parking Lot, Schneewind WMA

3.37 miles

Victoria

7.08 miles

Clover Fields

8.06 miles

County Road 127 Trail Access

8.33 miles

Mound Transit Center

8.64 miles

Target

9.48 miles

Lyndale/County Road 92 Trail Access

9.53 miles

Upper West Lot

9.88 miles

Staff Lot

9.92 miles

West Lot

9.92 miles

ALDI

0.72 miles

Mackenthun's

1.05 miles

Target

1.14 miles

Mackenthun's Minnetrista

5.16 miles

Marketplace Foods

8.21 miles

Jubilee

8.60 miles

Cub Foods

9.53 miles

Listing Summary

  • Retail Space Costs at 236 West 1st Street

    The asking rent for retail space in this property starts at $9.00/SF/YR.

  • Property Characteristics

    236 West 1st Street offers 168 parking spots, making for a parking ratio of 4.68 / 1,000 SF.

  • Retail Space Available

    The property exclusively contains Retail space totaling 2,369 square feet. The leasing opportunity here is available under NNN lease terms.

  • Space Sizes
    • 236 West 1st Street offers 1 retail space sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations.
    • The property houses 1 retail space in the 1,000 to 10,000 square feet range, which can serve small or medium-sized retail businesses with growth potential.
Contact Edward Rupp
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.