261 School Avenue

Excelsior, MN, 55331

$4,200,000

$179 per ft²
$4,200,000
$179 per ft²
Active
Active
 - For Sale
carpenters-square
23,429 ft²
property_type
Commercial
calendar
Built 1899
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.
MLS® ID:
6180242
Listed:
9/8/22
Updated:
3/24/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Forced Air

Exterior/Building Features

Lot Size
0.98 acres lot
Sewer
City Sewer/Connected

School Information

High School
Minnetonka

Other Property Details

Taxes
$66417
Tax Frequency
per YEAR
Garage
No
Parking
Paved, Unassigned
View
N
County
Hennepin
Utilities
Electric Common, Heating Common, Hot Water Common
Water Source
City Water/Connected
Pool
No
Sub Agency Compensation
0.00
Buyer Agency Compensation
2.70
Transaction Broker Compensation
0.0000

 

Courtesy of Coldwell Banker Realty

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Susan And Gary Wahman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2023 Northstar MLS. All rights reserved. 

Data last updated 6:36 AM UTC, 3/24/23

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