Excelsior MN Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
8,000
Status:
Active
MLS#:
7006401
Type:
General Commercial
Lot size:
0.49 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Up Front Homes 763-522-8156
View additional info

ADDITIONAL INFORMATION

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. **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!

Beds:
n/a
Baths:
Sq.Ft.:
23,429
Status:
Active
MLS#:
6718465
Type:
General Commercial
Lot size:
0.98 Acres
Year built:
1889
A broker reciprocity listing Courtesy: Coldwell Banker Realty 952-473-3000
View additional info

ADDITIONAL INFORMATION

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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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Excelsior Real Estate

Excelsior is located in Minnesota. Excelsior, Minnesota has a population of 2,389. Excelsior is less family-centric than the surrounding county with 28.17% of the households containing married families with children. The county average for households married with children is 33.3%.

The median household income in Excelsior, Minnesota is $88,000. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Excelsior is 43.9 years.

Excelsior Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.6 inches per year, with 51 inches of snow per year.

Excelsior Map

Excelsior Real Estate Market Conditions

  • Median sales price

    $1,040,000
    11%
    change since last quarter
  • # Active listings

    37
    30-day change

Excelsior Schools and Demographics

Education near Excelsior, MN

City County
High School Graduates 99.46 93.87
College Degree - 2 year 6.8 8.7
College Degree - 4 year 52.42 51.85
Graduate Degree 13.16 13.68
Expenditures per Student 19,300 19,300
Students per Teacher 16.1 16.1

Elementary Schools near Excelsior, MN

Grades Students P/T Ratio ZIP
Bluff Creek Elementary School KG - 05 570 15 55317
Chanhassen Elementary School KG - 05 527 14.8 55317
Deephaven Elementary School KG - 05 665 15.6 55391
Excelsior Elementary School KG - 05 746 13.6 55331
Hilltop Primary School PK - 04 403 16.2 55364
Minnewashta Elementary School KG - 05 839 14.9 55331
Shirley Hills Primary School PK - 04 419 14.8 55364
Victoria Elementary School KG - 05 662 16.4 55386

Middle Schools near Excelsior, MN

Grades Students P/T Ratio ZIP
Grandview Middle School 05 - 07 558 18.8 55364
Minnetonka West Middle School 06 - 08 1,040 18.6 55331
Wayzata West Middle School 06 - 08 746 15 55391

High Schools near Excelsior, MN

Grades Students P/T Ratio ZIP
Chanhassen High School 09 - 12 1,662 20 55317
Mound-Westonka High School 08 - 12 797 19.9 55364

Ungraded Schools near Excelsior, MN

Grades Students P/T Ratio ZIP
* 112 ALC After School & Summer School 09 - 12 12 55317
* 277 Westonka Area Learning Academy 09 - 12 27 16.9 55364
* ALC Westonka - Is 08 - 12 0 55364
* Steps Toward Adult Responsibility 12 - 12 22 3.7 55317
TBD - New Elementary School UG - UG 0 55391
The Anicca Program KG - 12 8 8 55317

Demographics near Excelsior, MN

City County
Neighborhood Type
Population 2,389 1,270,283
Population Density 3,853 2,294
Median Age 43.9 36.9
People per Household 2.1 2.4
Median Household Income 88,000 85,438
Average Income per Capita 71,026 50,478

Real estate near Excelsior