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230 1st Ave E 4,125 SF of Retail Space Available in Shakopee, MN 55379
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,125 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $57,750 /YR $4,813 /MO | Negotiable |
1st Floor
This approximately 4,125 SF commercial building offers a versatile opportunity in the heart of downtown Shakopee and is available for sale or for lease. The property features a welcoming storefront entrance along 1st Avenue along with rear access for added convenience, making it well suited for retail, office, or creative mixed-use concepts. The building also includes approximately 667 SF of warehouse space with a drive-in door, providing valuable flexibility for storage, operations, or light industrial use. Its downtown location benefits from consistent foot and vehicle traffic, while the flexible interior layout allows a variety of business types to thrive. Seller is open to Contract for Deed financing, creating an attractive opportunity for owner-users or investors seeking flexible acquisition terms. Situated in the heart of downtown Shakopee, 230 1st Avenue East offers excellent visibility and accessibility in a thriving business district surrounded by local shops and restaurants. The property features a functional layout with both front and rear access, ideal for retail, office, or creative use. Conveniently located just 7 minutes from the new amphitheater, this spot provides great exposure and proximity to one of the area’s most exciting new attractions.
- Prime downtown Shakopee location
- Suited for retail, office, or mixed-use concepts
- Includes 667 sq ft of warehouse space
- Seller is open to a Contract for Deed
- Property Taxes: 2025 $7,944
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 230 1st Ave E, Shakopee, MN 55379
- Tenant
- Description
- US Locations
- Reach
- Auto Parts
- Retailer
- 1
- -
- Discovery Enterprises
- Other Services
- 1
- Local
- Flagship Insurance Service Inc
- Insurance
- 1
- -
| Tenant | Description | US Locations | Reach |
| Auto Parts | Retailer | 1 | - |
| Discovery Enterprises | Other Services | 1 | Local |
| Flagship Insurance Service Inc | Insurance | 1 | - |
Property Facts
| Total Space Available | 4,125 SF | Gross Leasable Area | 4,125 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront | Parking Ratio | 2.42/1,000 SF |
| Total Space Available | 4,125 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,125 SF |
| Year Built | 1950 |
| Parking Ratio | 2.42/1,000 SF |
Features and Amenities
- Signage
Nearby Major Retailers
Presented by
230 1st Ave E
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