Skip to Navigation

Search Thousands of Properties in Greater Minnesota & Western Wisconsin.

Property Details

261 School Avenue
Excelsior, MN 55331

Price: $4,200,000

Listing # 6397536


Contact Agent

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.

Basic Features:

Style Office
Type Commercial Sale
Zoning Business/Commercial
Year Built 1889
School District Minnetonka
County Hennepin
Lot Size 28x175x240x178
Acreage 0.98 acres
Number of Units 1
Tax $ / Year $63,466 / 2023

Includes:

Building,Land,

Additional Features
Section 34
Cooling Central Air
Exterior Features Brick/Stone
Foundation 5857
Fuel Source Natural Gas
Handicap Access Accessible Elevator Installed,Partially Wheelchair,Wheelchair Ramp(s)
Heating Forced Air
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Parking Lot Paved,Unassigned
Utilities Electric Common,Heating Common,Hot Water Common
Laundry N

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 Coldwell Banker Nybo & Associates 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.

DISCLAIMER: The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. By viewing these listings, you are agreeing to abide by the RMLS End-User License Agreement.

© 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Digital Millennium Copyright Act (DMCA) Notice The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.