Excelsior MN Commercial for Sale
$4,200,000
261 School Avenue Excelsior, MN 55331
- Type:
- Office
- Sq.Ft.:
- 23,429
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1889
- Baths:
- MLS#:
- 6397536
View additional info
Courtesy: Coldwell Banker Realty
952-473-3000
ADDITIONAL 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.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Excelsior Real Estate
The median home value in Excelsior, MN is $645,400. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Excelsior, MN is $645,400. Approximately 89.72% of Excelsior homes are owned, compared to 5.48% rented, while 4.79% are vacant. Excelsior real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Excelsior real estate agent to arrange a tour today!
Excelsior, Minnesota 55331 has a population of 7,779. Excelsior 55331 is more family-centric than the surrounding county with 33.54% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Excelsior, Minnesota 55331 is $149,792. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Excelsior 55331 is 47.7 years.
Excelsior Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.6 inches per year, with 51 inches of snow per year.