261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
SEE ALL PHOTOS
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
261 School Avenue
For Sale

261 School Avenue

261 School Avenue, Excelsior, MN 55331

$4,200,000
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.

23,429 Sq.Ft. LIVING AREA

0.98 Acres lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area23,429 Sq.Ft.
  • Lot Area0.98 Acres
  • MLS® ID6718465
  • TypeCommercial
  • YEAR BUILT1889
  • NeighborhoodExcelsior
  • School DistrictMinnetonka

Exterior

  • water SourceCity Water/Connected
  • utilitiesElectric Common, Heating Common, Hot Water Common
  • parkingPaved, Unassigned
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air
  • sewerCity Sewer/Connected
  • Disability FeaturesAccessible Elevator Installed, Partially Wheelchair, Wheelchair Ramp(s)

Financial

  • Sales Price$4,200,000
  • Real Estate Tax $63,531/yr
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 261 School Avenue, Excelsior, MN 55331. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Excelsior

Explore

Work With Lisa

If you are looking for a neighborhood agent and seasoned professional who is dedicated to above-and-beyond service and individualized attention, contact us for exceptional results!

Follow Us