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140 W Highway 5 W 6,804 SF Retail Building Waconia, MN 55387 $1,750,000 ($257.20/SF)


INVESTMENT HIGHLIGHTS
- Located on busy highway 5 in downtown Waconia
EXECUTIVE SUMMARY
A well-designed stand-alone strip mall with 6,436 sq ft. on 1.4 acres located on a busy highway with easy access. Each Business has it’s own enclosed area with separated entrances. Gas Station/Convenience store is 1,920 sq ft. Liquor Store is 2,400 sq ft., Auto Repair/Towing has 2,016 sq ft.
A new owner can keep the 3 businesses or utilize the building and property for other uses. Priced at an asset value.
A new owner can keep the 3 businesses or utilize the building and property for other uses. Priced at an asset value.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,804 SF
Building Class
C
Year Built
1989
Price
$1,750,000
Price Per SF
$257.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.15 AC
Zoning
C - Commercial
Parking
25 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Colony Plaza
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Colony Plaza | Retailer | - | - | - |
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 75.0230600 | Improvements Assessment | $376,800 |
| Land Assessment | $559,300 | Total Assessment | $936,100 |
PROPERTY TAXES
Parcel Number
75.0230600
Land Assessment
$559,300
Improvements Assessment
$376,800
Total Assessment
$936,100
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140 W Highway 5 W
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