Wayzata, MN Commercial Real Estate for Lease and Sale

Explore 13 listings of Wayzata commercial real estate to find the best space for your business.

120 Broadway Ave S #50

120 Broadway Ave S #50, Wayzata, MN
Property

Office

12,279 SF
Year Built

2004
For Sale Contact for pricing
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120 Broadway Ave S # 250

120 Broadway Ave S # 250, Wayzata, MN
Property

Office

12,279 SF
Year Built

2004
For Sale

$300,000
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The Promenade of Wayzata

Superior Boulevard & Lake Street, Wayzata, MN
Property

Retail

111,314 SF
Availability

7 Spaces

43,430 SF
For Lease Contact for pricing
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Wayzata Executive Park

1907 Wayzata Blvd East, Wayzata, MN
Property

Office

101,683 SF
Availability

4 Spaces

28,132 SF
Year Built

2001
For Lease Contact for pricing
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Walgreens | Wayzata, MN

1055 Wayzata Blvd, Wayzata, MN
Property

Retail

15,149 SF
Year Built

2015
For Sale

$10,000,000
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1415-1421 Wayzata Blvd East

1421 Wayzata Blvd East, Wayzata, MN
Property

Office

35,000 SF
Availability

3 Spaces

6,870 SF
Year Built

1965
For Lease

$14.00 - $20.00/SF/YR
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Wayzata Gateway

Wayzata Blvd E, Wayzata, MN
Property

Office
Availability

1 Space

6,157 SF
For Lease Contact for pricing
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MN, Wayzata - Wayzata Blvd
Regus
1907 Wayzata Boulevard, Wayzata, MN
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Wayzata Specialty Center

1120 Wayzata Boulevard, Wayzata, MN
Property

Office

3,951 SF
Availability

2 Spaces

3,951 SF
For Lease

$35.00/SF/YR
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755-795 Lake St

785 Lake St E, Wayzata, MN
Property

Retail

14,375 SF
Availability

1 Space

1,650 SF
Year Built

1973
For Lease

$45.00/SF/YR
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Colonial Square

1151 Wayzata Blvd, Wayzata, MN
Property

Retail

93,184 SF
Availability

2 Spaces

3,176 SF
For Lease Contact for pricing
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Copeland-Buhl Building

800 Wayzata Blvd East, Wayzata, MN
Property

Office

34,000 SF
Year Built

1983
For Sale Contact for pricing
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305 Minnetonka Ave S

305 Minnetonka Ave S, Wayzata, MN
Property

Office

8,230 SF
Availability

1 Space

1,300 SF
Year Built

1983
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Wayzata commercial real estate market incorporates 207,422 square feet of office space across 8 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Wayzata commercial real estate market includes 219,647 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Wayzata incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Wayzata is represented by Retail space, which accounts for 48,069 square feet of available listings. Office space available in Wayzata adds up to 47,495 square feet.

Meanwhile, most of the listings of commercial property for sale in Wayzata are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Wayzata, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot.

Conversely, the highest sale price last year was $28,270,000 that is located at 445 Lake Street East.

The average size of a commercial property in Wayzata depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Wayzata, the average size of an office property is 29,632 square feet.
Retail properties here incorporate an average of 73,216 square feet.

Wayzata, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Wayzata currently add up to 91,494 square feet. The market offers 5 active office listing(s), which amount to 46,410 square feet and account for 71% of commercial spaces on the market. Local retail availability includes 45,084 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	5	46,410
Retail	2	45,084

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Wayzata, MN. Currently, there is 49,149 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	3	34,000
Retail	1	15,149

Wayzata, MN Commercial Real Estate for Lease and Sale

120 Broadway Ave S #50

120 Broadway Ave S # 250

The Promenade of Wayzata

Wayzata Executive Park

Walgreens | Wayzata, MN

1415-1421 Wayzata Blvd East

Wayzata Gateway

MN, Wayzata - Wayzata Blvd

Wayzata Specialty Center

755-795 Lake St

Colonial Square

Copeland-Buhl Building

305 Minnetonka Ave S

Frequently Asked Questions

Wayzata, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Wayzata, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Wayzata, MN?

What factors affect the price of commercial real estate in Wayzata, MN?

What are the best areas for commercial real estate in Wayzata, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Wayzata, MN?

Wayzata, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us