For Lease

Waconia Square

236 West 1st Street, Waconia, MN 55387

2,679

SF Available
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 ±571 - 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 2,679 SF
  • For Lease $9.00 - $14.00/SF/YR
  • Space Types Retail
  • Lease Type NNN
  • Date Updated May 19, 2026
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Reach out to the broker for more info on lease terms and amenities

For Lease 2 Spaces Available

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
  • Parking Spaces Avail. 168
  • Parking Ratio 4.68 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Year Renovated 2019
  • Date Updated May 19, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (59)

  • Bike Score ®

    Somewhat Bikeable (42)
Powered by Walk Score ®

Location

  • City Waconia, MN
  • Neighborhood Waconia
  • Zip Code 55387
  • Market Minneapolis St Paul

Points of Interest

Holiday

4.21 miles

Schell - Mound

9.12 miles

Super America

9.46 miles

SA

9.53 miles

BP Shoreline

9.70 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

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

236 West 1st Street Listing Summary

  • The Price for Retail Space at 236 West 1st Street

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 236 West 1st Street, asking rent starts at $$9.00/SF/YR per square foot.

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

    Recent renovations also contribute to the attractiveness of a retail property, which, in turn, influences rent. 236 West 1st Street was last renovated in 2019.

  • Retail Space Options Available at 236 West 1st Street

    The property exclusively contains Retail space totaling 2,679 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. 236 West 1st Street offers 1 retail space(s) 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. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 236 West 1st Street, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Listing Broker
Edward Rupp

SVN | Northco

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