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4636 Colorado St SE
Prior Lake, MN 55372 Scott Far Western Suburbs

Rate Upon Request

Restaurant For Lease  •  896+ SF

Property Details

  • Property Type Restaurant
  • Year Built 2026
  • Total Building Size 2,882 SF
  • Tenancy Multiple
  • Building Class C
30 Transit Score
40 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Retail 896 SF Rate Upon Request 
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 fastest- growing 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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: New
1st Floor Ste 2nd Floor Office 1,823 SF Rate Upon Request 
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 fastest- growing 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.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Space Type: New

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 fastest- growing 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.

2026 Est CAM/Tax at $3.48/ SF
Lease | Negotiable

Highlights

Prime Prior Lake Location
Consistent Traffic Exposure
High Visibility & Signage Opportunities
Ample On-Site Parking
Close to Residential & Retail Amenities

Property Flyers

Amenities

  • Skylights
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Chula’s Mexican-Latin Food & Spirits

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 33 min - 21.5 mi
Scott Naasz 952-260-0330 eXp Commercial
Scott Naasz 952-260-0330 eXp Commercial