Olive & Second

140 S Olive St, Waconia, MN 55387

  • For Lease $25.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 162,160 SF
  • Units 2
  • Lot Size 1 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 154
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2026
  • Date Updated Jan 3, 2025
Discover the vibrant downtown Waconia. Olive & Second is nestled in the west metro, and is well sought after due to the commercial destinations nearby, such as Lola'a Lakehouse, Garage Bar & Bowl. Waconia Brewing Company, Mocha Monkey Coffee, Mainstreet Coffee & Wine Bar, the location delivers high foot traffic and a steady stream of potential customers. Excellent walkability and proximity to scenic Lake Waconia, parks, and other attractions further enhance the appeal of the property.92-Unit Multifamily Property with 2 retail/office spaces for lease. Construction is currently underway with expected occupancy in the spring of 2026. Olive & Second will be a state-of-the-art property with ample amenities for the residents and commercial tenants located in the heart of downtown Waconia. Whether it's a boutique shop, a professional office, or a thriving restaurant, this property provides the ideal canvas for many businesses looking to expand into Waconia, MN.
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Highlights

  • $25.00/SF/YR
  • Retail/Office
  • 1,055 SF Space
  • 3,560 SF Space
  • TI Allowance
  • Ample Parking
  • High Average Household Income
  • 5.8% Annual City Growth Projections

Spaces Available

Contacts

broker

NAI Legacy

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Waconia, MN
  • Neighborhood Waconia
  • Zip Code 55387
  • Market Minneapolis St Paul

Points of Interest

  • Kwik Trip

    0.80 miles

  • Holiday

    4.25 miles

  • Schell - Mound

    9.12 miles

  • Super America

    9.32 miles

  • SA

    9.41 miles

  • BP Shoreline

    9.67 miles

  • Casey's General Store

    9.92 miles

  • Parking Lot, Schneewind WMA

    3.36 miles

  • Victoria

    6.96 miles

  • Clover Fields

    7.91 miles

  • County Road 127 Trail Access

    8.43 miles

  • Mound Transit Center

    8.63 miles

  • Target

    9.34 miles

  • Lyndale/County Road 92 Trail Access

    9.60 miles

  • Upper West Lot

    9.74 miles

  • Staff Lot

    9.77 miles

  • West Lot

    9.78 miles

  • Jimmy John's

    0.45 miles

  • Subway

    0.60 miles

  • Dairy Queen

    0.62 miles

  • Culver's

    0.74 miles

  • Jersey Mike's Subs

    0.77 miles

  • Qdoba

    0.78 miles

  • Taco Bell

    0.86 miles

  • McDonald's

    0.92 miles

  • Laketown Nutrition

    4.21 miles

  • St. Boni Bistro

    4.43 miles

  • ALDI

    0.67 miles

  • Target

    0.98 miles

  • Mackenthun's

    1.03 miles

  • Mackenthun's Minnetrista

    5.12 miles

  • Marketplace Foods

    8.35 miles

  • Jubilee

    8.59 miles

  • Cub Foods

    9.39 miles

  • Cooper's

    9.99 miles

Frequently Asked Questions

How much does retail space at 140 S Olive St cost?

The asking price for retail space at 140 S Olive St is $25.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 140 S Olive St?

The property has 4,587 square feet of rentable Restaurant space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 140 S Olive St?

140 S Olive St offers 154 parking spaces.

Are there any potentially competing retail businesses in the area?

No, there are no spaces zoned for retail activities within a 0.5-mile radius around 140 S Olive St.

Is 140 S Olive St located in a popular area for retail businesses?

The property is part of Waconia.

Looking for more in-depth information on this property?

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broker

NAI Legacy

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