261 School Avenue Excelsior, MN 55331

$4,200,000
Active
Office  |  MLS # 6397536
Active
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About The Listing

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 courtesy of William L Wolfson, Coldwell Banker Realty
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1889
MLS #: 6397536
Garage Spaces: 0
Parking Description: Paved, Unassigned
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Construction Description: Brick/Stone
Disability Features: Accessible Elevator Installed, Partially Wheelchair, Wheelchair Ramp(s)
Latest Update: 07/18/2023
List Date: 07/18/2023
Listing Agent ID: 502015277
Listing Office: Coldwell Banker Realty
Listing Office ID: 5141
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 28x175x240x178
Lot Size: 0.98 Acres
School District: Minnetonka
Tax Year: 2023
Estimated Taxes: $63,466
Contingency Type: None
City: Excelsior
Zip: 55331
County: Hennepin
Subdivision: Excelsior
State: MN
Listing last updated: 07/18/23

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