$4,200,000
Active
284 Days Online
0 Beds0 Baths23,429 SQFT
Active

261 School Avenue Excelsior, MN 55331

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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.

  • Property TypeCommercial
  • NeighborhoodExcelsior
  • CountyHennepin
  • Taxes$63,466
  • HOA/Condo/Coop Fees$0
  • Days on Site284 Days
  • MLS StatusActive
  • MLS ID Number6397536
  • Home Size Source N/A
  • Year Built1889
  • Lot Size0.98 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking PavedUnassigned
  • Zoning Business/Commercial
  • Accessibility Features Accessible Elevator Installed
  • Property Sub Type Office
  • Garage Spaces 0
  • Contingency None
  • Sewer City Sewer/ Connected
  • Water City Water/ Connected

Interior Features

  • Cooling Central Air
  • Heating Forced Air

Exterior Features

  • Construction Details Brick/ Stone

Schools

School District
Minnetonka
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$22,739
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