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Listed price in listed location currency (USD).
$3,650,000
$4,200,000

000

MLS® 6718465

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $63,531
Lot Size 
Approx. Age 1889
MLS® Number 6718465

Property Address: 261 School Ave, Excelsior, MN, 55331-1932

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number6718465
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1889
Basement
DrivewayPaved Lot, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Feb 26, 2026End Date
$3,650,000Sold Price

Sold

May 9, 2025List Date
$4,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
261 School Ave, Excelsior, MN

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