$2,250,000
Excelsior, MN 55331
MLS# 6337095
Status: Closed
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Property Description
The Historic Mill Building is located on Water Street in the heart of downtown Excelsior. This is a rare opportunity for Owner/User or Investors to acquire this well known multi-tenant retail property. The 9600 SF building sits on .43 acres with rare off street parking for 22 cars. Located in the heart of Excelsior's bustling business district, along the shores of Lake Minnetonka. This lake community has a lot to offer including the Lake Minnetonka LRT Regional Trail. restaurants, breweries, shops, business services & recreation on Lake Minnetonka. Excelsior is a summer and winter destination for many looking for a unique & charming experience. See Listing Agent regarding financials and scheduling tours.
Details
Maps
Contract Information
Allow Auto Valuation: No
Allow Consumer Comment: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2023-05-02
Current Price: $2,250,000
Closed Date: 2023-04-28
Sales Close Price: 2250000
Original List Price: 2300000
Contingency: None
ListPrice: 2300000
List Date: 2023-03-28
Office/Member Info
Association: MAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Year Built: 1906
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: Irregular
Acres: 0.43
Foundation Size: 9600
Lot Size SqFt: 18730.8
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: Unknown
Location, Tax and Other Information
Map Page: 117
Municipality: Excelsior
Rental License?: No
School District: Minnetonka
School District Phone: 952-401-5000
Map Coordinate Source: King's Street Atlas
Zip Plus 4: 4440
Property ID Number: 3411723140074
Tax Year: 2023
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: The Historic Mill Building is located on Water Street in the heart of downtown Excelsior. This is a rare opportunity for Owner/User or Investors to acquire this well known multi-tenant retail property. The 9600 SF building sits on .43 acres with rare off street parking for 22 cars. Located in the heart of Excelsior's bustling business district, along the shores of Lake Minnetonka. This lake community has a lot to offer including the Lake Minnetonka LRT Regional Trail. restaurants, breweries, shops, business services & recreation on Lake Minnetonka. Excelsior is a summer and winter destination for many looking for a unique & charming experience. See Listing Agent regarding financials and scheduling tours.
Directions: Hwy 7 to Oak Street North to Water, then right to The Excelsior Mill.
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 0
Basement
Foundation Dimensions: 9600
Building Information
Building Finished SqFt: 9600
Building SqFt: 9600
Construction Status
Previously Owned: 1
Exterior
Wood: 1
Fuel
Electric: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27053
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Uncovered/Open: 1
Public Survey Info
Range#: 23
Section#: 34
Township#: 117
Sale Options
Sale Includes: Building,Leases
Sewer
City Sewer/Connected: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Common: 1
CMU Style
Retail/Shopping Center: 1
Current Use
Retail: 1
Loan Terms
Cash: 1
Conventional: 1
Potential Use
Retail: 1
Location Tax and Other Information
House Number: 336
Street Name: Water
Street Suffix: Street
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: The Villas At Excelsior Village
Property Features
Accessible: None
CMU Style: Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Retail
Exterior: Wood
Fuel: Electric
Heating: Forced Air
Loan Terms: Cash; Conventional
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Parking Characteristics: Uncovered/Open
Potential Use: Retail
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Coldwell Banker Realty
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
