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520 2nd Street, Excelsior
$3,200,000
ACTIVE Status ⋅ 7006401 MLS
Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **When you arrive in Excelsior, the significance of this location is immediately clear: Maynard’s and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location! **The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses. **Positioned in one of Excelsior’s most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka. **This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location. **For developers and investors, the property’s configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment. **The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don’t wait on this one!

520 2nd Street, Excelsior

Listing courtesy of Up Front Homes.

511 Second Street Unit Suite 125, Excelsior
$400,000
CLOSED Status ⋅ 6767459 MLS
Prime sidewalk Office/Retail Space for Sale in historic Excelsior, MN. Rare opportunity to own a brand-new, beautifully designed, office/retail space in the heart of downtown Excelsior, MN. This space offers: Exceptional Location: High visibility with fantastic street and sidewalk frontage in a bustling and walkable neighborhood. Abundant Natural Light: Three sides of floor-to-ceiling windows create an inviting environment for employees and clients. Front Patio: Enjoy the luxury of front-entry outdoor patio to relax and showcase your brand in a picturesque setting. Brand New Construction: This is a pristine, contemporary space with modern amenities including kitchen and ADA bathroom. The space is offered professionally furnished and designed by The Sitting Room. Traffic Counts: 7,041 vpd on 2nd Street. 10,859 bpd on nearby Water Street. Please text listing agent Mark Dwyer for showings. 2025 monthly HOA is $471.01. PID to be assigned and tax to be assessed in early 2025.

511 Second Street Unit Suite 125, Excelsior

Listing courtesy of Keller Williams Realty Integrity Lakes.

261 School Avenue, Excelsior
$3,650,000
CLOSED Status ⋅ 6718465 MLS
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.

261 School Avenue, Excelsior

Listing courtesy of Coldwell Banker Realty.

5660 Manitou Road, Excelsior
$1,175,000
CLOSED Status ⋅ 6680438 MLS
Hard to find small, standalone, retail building with excellent visibility on County Road 19. Located in a busy retail trade area near many businesses and community resources such as Caribou Coffee, Joey Nova’s Pizzeria, Hazelwood Grille, Country Club Lanes, Shorewood Community & Event Center, Gathered Goods, Sanctuary Salonspa, the new 86 unit luxury apartment community of Tonka Village, Gideon Glen Conservation space, Lake Minnetonka, Navarre, and many others. The building is approximately one (1) mile from the bustling destination town of Excelsior, MN. Quiet listing currently occupied by an MGM Liquor Store also available for sale. Ample parking. Good access with direct curb cut access on Country Road 101. Daily vehicle traffic of 13,463 on County Road 19 (2024 ESRI). Demographics: 3,977– 1 mile radius, 27,241 3 mile radius, 82,514-5 mile radius (2024 ESRI). Est Avg HH Income: $244,551-1mile radius $243,265-3 mile radius $215,260-5 mile radius (2024 ESRI). Potential business sale for $180,000 for business plus inventory and franchise fee. Available upon request with signing of NDA and qualification of buyer.

5660 Manitou Road, Excelsior

Listing courtesy of Summerhill Commercial Real.

468 3rd St, Excelsior
$615,000
CLOSED Status ⋅ 2 Baths ⋅ 6582821 MLS
**SOLD BEFORE PRINT. Rare and special opportunity in the heart of downtown Excelsior. The sellers reimagined this prior Up-Down Style Duplex into charming open concept work space areas for their growing advertising company. This is a wonderful opportunity for either a traditional buyer to enhance the property further as a single family opportunity with the existing footprint or for a commercial buyer given the rare opportunity to have a parcel that is zoned for "Downtown Commercial" to redevelop it using the city's requirements for set backs and hardcover rules. 1081 sq feet recorded prior - however it truly boasts 800 square feet of usable space that features a kitchenette on the upper floor, wet bar on the main floor, 2 half baths (upper and lower - thus non ADA compliant as is) and a walkout lower level to a lovely backyard patio that overlooks a little greenspace and wooded views. Located just seconds from Excelsior's charming Water Street shops and restaurants with ample free parking next to the brewery. Enjoy your very own path access to the Lake Minnetonka Regional Trail that is located just to the rear of the property. The build year is recorded as 1900, however the historic records suggest that it may be circa 1874 and was the Darnell's Boarding house at one time. *See the list of Seller's improvements attached.

468 3rd St, Excelsior

Listing courtesy of Coldwell Banker Realty.

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