261 School AVE Active Save Request In-Person Tour Request Virtual Tour
Excelsior,MN 55331
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 42,688 sqft
Price per Sqft $98
Subdivision Excelsior
MLS Listing ID 6718465
Year Built 1889
Annual Tax Amount $63,531
Lot Size 0.538 Acres
Property 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.
Location
State MN
County Hennepin
Community Excelsior
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Flooring 42688.8
Exterior
Parking Features Paved Lot,Unassigned
Utilities Available Electric Common,Heating Common,Hot Water Common
Building
Foundation Other
Water City Water/Connected