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$4,200,000
347 Days Online

261 School Avenue
Excelsior, MN 55331

For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
23,429
SqFt
$179
/SqFt
1889
Built
Subdivision:
Excelsior
County:
Hennepin
Listing courtesy of Coldwell Banker Realty

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261 School Avenue261 School Avenue261 School Avenue261 School Avenue
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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.

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Listing Snapshot
Price 
$4,200,000
Days Online 
347 Days
Bedrooms 
N/A
Inside Area (SqFt) 
23,429 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.98 Acres
Year Built 
1889
MLS® Number 
6397536
Status 
Active
Property Tax 
$63,466
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 months agoListing first seen online
a year agoListing updated with changes from the MLS®
General Features
Acres 
0.98
Additional Property Use 
Commercial
Contingency 
None
Parking 
PavedUnassigned
Property Sub Type 
Office
Sewer 
Public Sewer
SqFt Total 
23429
Water Source 
Public
Zoning 
Business/Commercial
Interior Features
Cooling 
Central Air
Heating 
Natural GasForced Air
Interior 
Elevator
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Exterior Features
Construction Details 
Brick
Community Features
Accessibility Features 
Accessible EntranceAccessible Elevator Installed
School District 
Minnetonka
Schools
School District
Minnetonka
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Realty



Listing information is provided by Participants of the Northstar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northstar MLS.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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