Olive & Second

For Lease

140 S Olive St, Waconia, MN 55387

You can currently find 2 retail space(s) available for lease at Olive & Second. Designated use type for space listed here includes restaurant and street retail. Current retail listings at this property total 4,587 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Olive & Second.

Space Available For Lease 2

Contacts

broker
Theresa Hart

NAI Legacy

Property Details

  • Property Type Retail - Street Retail
  • Property Size 162,160 SF
  • Units 2
  • Lot Size 1 Acre
  • 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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Reach out to the broker for more info on lease terms and amenities

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

Getting around

  • 63/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

140 S Olive St Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at Olive & Second asks $25.00/SF/YR per square foot.

  • The property includes 4,587 square feet of retail space for lease. Of this total, 3,560 square feet are Restaurant, 1,027 square feet are Street Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Theresa Hart

NAI Legacy

  1. 1Main information
  2. 2Extra information
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