Chaska, MN
Commercial Real Estate Market Trends & Data

$193 Avg asking sale price
$1,996 Avg asking lease rate
25,349 SF Avg unit lease size
30,402 SF Avg building size for sale
6.84% Average cap rate

Chaska's Demographic Profile

Chaska has 11,088 households and a median income of $95,781, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 29,814
# Households 11,088
Median age 38
Median household income $95,781
Avg household size 3.0
Renter-occupied housing units 3,133
5-year population change +8%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Chaska, MN

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Retail Markets Avg Cost/SF Typical Size
Chaska $263 10,666 SF
Chanhassen $384 7,984 SF
Excelsior $400 8,000 SF
Shorewood $257 12,343 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Shakopee $378 46,403 SF 6.00%
Prior Lake $269 46,403 SF 6.00%

Commercial Properties For Sale in Chaska

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7975 Stone Creek Dr

Chanhassen, MN 55317

  • 4,200 SF Office Building
  • $299,000
For Sale

TownSquare Place Extended Stay Chaska

Chaska, MN 55318

  • 80,643 SF Hospitality
  • 7.91% Cap Rate
  • $5,750,000
For Sale

285 Flying Cloud Dr

Chaska, MN 55318

  • 5.96 AC Lot
  • 1 Commercial Lot
  • $2,000,000
For Sale

110650 Village Rd

Chaska, MN 55318

  • 12,190 SF Retail Building
  • $1,950,000
For Sale

300 Lake Hazeltine Dr

Chaska, MN 55318

  • 61,036 SF Industrial Building
  • $5,900,000
For Sale

xxx Engler Blvd

Chaska, MN 55318

  • 30.74 AC Lot
  • 1 Commercial Lot
  • $7,400,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
How to Buy a Duplex
How to Buy a Duplex
Breaking down every stage of buying a duplex, from budgeting and financing to agent selection and market analysis, ensuring you make an informed investment decision.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Chaska pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Chaska $193 30,402 SF
Chanhassen $214 21,300 SF
Excelsior $563 25,048 SF
Shorewood $257 15,716 SF

Regional Demographic Comparison

This comparison places Chaska alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Chaska or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Chaska 29,814 11,088 38 $95,781 3 3,133 8%
Victoria 12,386 4,198 41 $163,261 3 317 9%
Chanhassen 26,470 9,929 43 $118,422 3 1,602 6%
Excelsior 2,527 1,218 50 $101,981 2 691 1%
Shorewood 7,572 2,774 48 $149,034 3 276 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Chaska, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Chaska

View All Commercial Real Estate For Sale in Chaska
Is Chaska a good market for a first-time commercial real estate investor?

Chaska offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Chaska?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Chaska. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Chaska?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Chaska. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Chaska compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Chaska. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Chaska acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Chaska, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Cities
Commercial Market Reports