4540 Tower St SE - Office FOR SALE


Prior Lake, MN 55372
$2,750,000 USD
952-240-6090
4540 Tower St SE, Prior Lake, MN for Sale
$2,750,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

Jun '26


4540 Tower St SE
Prior Lake, MN 55372


HIGHLIGHTS

  • Prime Prior Lake location near Hwy 13 and retail amenities
  • 21,588 SF professional office plus 2,700 SF storage/garage
  • 29 offices, six conference rooms, and secure dual entrances
  • Expansive parking with 146+ stalls on a 2.66-acre site
  • Zoned for office, medical, or educational use; move-in ready

OVERVIEW

Positioned in the heart of Prior Lake, this professional office building offers a rare opportunity for ownership in a thriving suburban community. The property spans a generous 2.66-acre site and features a well-maintained, single-level structure totaling approximately 21,588 square feet, complemented by a 2,700-square-foot storage and garage facility with three drive-in doors. Originally serving as the Prior Lake–Savage School District office, the building is thoughtfully designed with 29 private offices, six conference rooms, three restroom sets, and a convenient kitchenette, making it ideal for educational, medical, or professional office use. Two secure entrances with vestibules enhance privacy and security, while a large parking lot with over 146 stalls ensures ample capacity for staff and visitors. Recent renovations in 1993 and 2016, along with sprinkler systems throughout, underscore the property’s readiness for immediate occupancy or tailored customization. Located just south of the Post Office and minutes from Hwy 13, the site offers excellent connectivity to retail, dining, and residential neighborhoods, including Lunds & Byerlys and Caribou Coffee. Its strategic position within Scott County provides access to a growing population base and a vibrant business environment. Whether you envision a corporate headquarters, a medical campus, or a specialized service center, this property delivers flexibility, visibility, and long-term value. This offering represents a compelling investment in one of Minnesota’s most desirable suburban markets. PROPERTY HIGHLIGHTS Former Prior Lake –Savage School District Office Building for Sale Approx. 21,588 SF Building, plus approx. 2,700 SF Storage/Garage Building on Approx. 2.66 Acre Site 29+ Offices, 6 Conference Rooms, 3 Sets of Restrooms, 1 Kitchenette, 2 Secure Entrances with Vestibules Scott County PID# 250220050 RE Taxes: TBD Located just south of the Post Office Close to retail, fast food, and Hwy 13 Available June 2026

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,709 SF

ZONING

R2/R3

APN/PARCEL ID

25-022-005-0

ASK ABOUT THIS PROPERTY

Rebecca ZweberCerron PropertiesMore Info
952-240-6090

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Rebecca ZweberCerron PropertiesMore Info
952-240-6090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.