261 School Avenue, Excelsior, Minnesota 55331

MN, Excelsior
$4,200,000
  • Commercial Sale Property Type
  • 1889 Year Built
  • Active Status
See All 19 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

261 School Avenue is a rare historical opportunity in the heart of Excelsior, located in the commercial district and a few blocks from Lake Minnetonka. This classic 1899 revival style building has undergone a complete renovation and updated to its current multi-tenant office use in 1997. The building features four levels of office suites, common areas; lobby, ADA restrooms and an elevator making this property handicap accessible. Zoned CC-Cottage Commercial District, which is a mixture of commercial service, retail, entertainment, civic, institutional, and related public facilities. This well-maintained property represents a quality investment opportunity with great tenants, reasonable lease rates, and space for an owner user if desired.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6718465
  • Price: $4,200,000
  • Year Built: 1889
  • Listing Status: Active
  • Office Name: Coldwell Banker Realty
  • Property Sub Type: Office
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Parking Paved,Unassigned
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Excelsior
  • Zipcode 55331
  • Street: School
  • Street Number: 261
  • Street Suffix: Avenue
  • Longitude: W94° 26' 6.3''
  • Latitude: N44° 54' 5.6''
  • Directions: Water St. S. on 3rd to School Ave.
Neighborhood
  • High School District: Minnetonka
MLS Addon
  • Office Name: Coldwell Banker Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Accessible Elevator Installed,Partially Wheelchair,Wheelchair Ramp(s)
  • Building Size: 23429
  • Construction Materials: Brick/Stone
  • Current Use: Commercial
  • Lot Size Dimensions: 28x175x240x178
  • Number Of Units Total: 1
Financial
  • Tax Annual Amount: 63531
Listing Information
  • List Agent Mls Id: 502015277
  • List Office Mls Id: 5141
  • Modification Timestamp: 2025-05-13T02:03:03Z
  • Originating System Name: NorthStar
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