1. Minnesota
  2. Excelsior
  3. 261 School Avenue
$4,200,000

261 School Avenue, Excelsior, MN 55331

  • 23,429 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1889
  • Property Lot Size Icon0.98acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $179/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 952-473-3000
MLS ID:
6718465
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Excelsior Elementary

441 Oak St, Excelsior, MN, 55331

Grades KG-5

0.23 miles away

M

Minnetonka Middle School West

6421 Hazeltine Blvd, Excelsior, MN, 55331

Grades 6-8

1.31 miles away

T

Tonka Online

18301 Highway 7, Minnetonka, MN, 55345

Grades 7-12

2.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.