4636 Colorado Street SE, Prior Lake, MN 55372 (MLS# 7072438)

4636 Colorado Street SE, Prior Lake, MN 55372

$32
Property Type: Commercial Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $32 List Date: 5/14/2026 Last Modified: 8/27/2026

Overview

Description

Position your business for success in the heart of downtown Prior Lake. This first- or second-floor commercial space offers a flexible layout ideal for retail, office, or service-based users in one of the area’s fastestgrowing and most vibrant communities. The property is anchored by the highly anticipated Chula’s Mexican-Latin Food & Spirits, an exciting new restaurant bringing a unique dining experience, handcrafted cocktails, and strong destination traffic to downtown Prior Lake. In addition, the neighboring dance studio generates consistent daily foot traffic from students, families, and visitors, creating added visibility and exposure for tenants. Combined with strong area traffic, excellent frontage, and convenient access to Minneapolis, Saint Paul, and Mystic Lake Casino Hotel, this location offers exceptional synergy and energy for businesses looking to establish or expand in a high-demand market.

Listing Details MLS# 7072438

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Waterfront YN
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4634
For Sale or Lease
For Lease
Acres
0.14
Lot Dimensions
148' x 116'
Assessment Pending
No

Property Features

Accessible: Other Air Conditioning: Central Air Amenities Shared: Elevator(s) CMU Style: Common Wall; Office; Retail/Shopping Center Construction Status: Completed New Construction Current Use: Commercial; Office; Retail Exterior: Brick Veneer Foundation: Concrete Block Fuel: Propane Heating: Forced Air Lease Details: Triple Net Loan Terms: Cash; Conventional Location Description: Downtown Miscellaneous Information: Building Sign On Site Utilities: Electric Separate; Heating Separate Road Frontage: City Street Road Responsibility: Public Maintained Road Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Window Features: Skylight(s)

Contract Information

Contingency
None
ListPrice
32
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4636
Street Name
Colorado
Street Suffix
Street
Street Direction Suffix
SE
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372
Complex/Dev/Subdivision
City Of Prior Lake

Assessments

Tax With Assessments
4732

Building Information

Building Finished SqFt
9004

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Monthly

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Total Rooms
Yes
Level
Main Level
Unit Total SqFt
896
Leased?
No

Unit 2

Leased?
No
Level
2nd Level
Total Rooms
Yes
Unit Number
2
Unit Total SqFt
1823

Unit Details

Total Units
2
IDX
Listing Office: eXp Realty
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.