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261 School Ave

Excelsior, Minnesota, 55331, United States

Property ID: #703013 // commercial
261 School Ave
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Traditional Sale
List Price:
$4,200,000.00
Icon - ft²
Icon 0.98 acres
Icon - beds
Icon - baths
Address:
261 School Ave
City:
Excelsior
State:
Minnesota
Zip Code:
55331
County:
Hennepin
Subdivision:
Excelsior
Country:
United States
Property Type:
Commercial
Additional Property Types:
Office
Year Built:
1889
Lot Size:
0.98 acres
Data Source:
Northstar MLS
MLS/Reference Number(s):
NST6397536
Source Status:
Active
Source Property Type:
Commercial, Office

Property Provided By

  • William L Wolfson
  • Coldwell Banker Realty
  • +1 (952) 334-4554
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Property Information

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.

Directions

Hwy 7 to Oak St N to Water St, East to 3rd S. to the corner of School Ave & 3rd

Source Disclaimer

Northstar MLS

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