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261 School Avenue

Excelsior, MN 55331
  • $4,200,000
  • STATUS: Active
  • ON SITE: 511 Days
  • ID#: 6397536
UPDATED: 200 min ago
$4,200,000
  • 0
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,429
    SQFT
  • $179
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1889
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.

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.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-12-11T00:21:59.753.

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261 School Avenue Excelsior, MN 55331

  • Price: $4,200,000
  • Status: Active
  • On Site: 511 Days
  • Updated: 200 min ago
  • ID#: 6397536
0
Beds
0
Baths
0
½ Baths
0.98
Acres
23,429
SQFT
$179
$/SQFT
1889
Built
Neighborhood:
Excelsior
County:
Hennepin
School District:
276 - Minnetonka
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.
Exterior Features

Construction Materials Brick/Stone Foundation Area 5857 Lot Size Dimensions 28x175x240x178 Parking Features PavedUnassigned Parking Open 0

Interior Features

Cooling Central Air Heating Forced Air

Property Features

Accessibility Features Accessible Elevator InstalledPartially WheelchairWheelchair Ramp(s) Additional Parcels YN No Assessment Pending No Contingency None Current Use Commercial Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingLand Land Lease YN No Lender Owned No Postal City Excelsior Potential Short Sale No Property Sub Type Office Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 63466 Tax With Assessments 63465.7000 Tax Year 2023 Utilities Electric CommonHeating CommonHot Water Common Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Realty: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-12-11T00:21:59.753.

Click here for Digital Millennium Copyright Act
 
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The Pietig Properties Group | RE/MAX Advantage Plus
270 Elm Street E.
Annandale MN, 55302
NorthstarMLS] logo Listing courtesy of Coldwell Banker Realty.