Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Restaurants
  
  Conventional Restaurant
- Warehouse
- Mixed-Use
- Hospitality
  
  Hotel
- Land
  
  Residential
  
  Waterfront
Rent
- For Lease
- Post a Listing
Space Uses
Analytics
- Analytics Center
- Value Estimation
- Cap Rate
- Ownership Records
- Zoning Insight
- Location Intelligence
- Business Placement
- Recently Sold
- Off-Market Leads

Advertise Sign In

For Sale
- Restaurants
  - Conventional Restaurant
- Warehouse
- Mixed-Use
- Hospitality
  - Hotel
- Land
  - Residential
  - Waterfront
For Lease
Analytics Center
Value Estimation
Cap Rate
Ownership Records
Zoning Insight
Location Intelligence
Business Placement
Recently Sold
Off-Market Leads
Advertise
Find Brokers

Excelsior, MN

Excelsior, MN Commercial Real Estate for Sale

List

Map

Greenwood, MN Chanhassen, MN Minnetrista, MN Shorewood, MN Minnetonka, MN Orono, MN Spring Park, MN Eden Prairie, MN

Restored Mixed-Use Hospitality Property

Updated: Aug 22

Restored Mixed-Use Hospitality Property

371 Water St, Excelsior, MN 55331

$1,950,000

Historic Victorian Italianate home originally built in 1858
Updated electrical and plumbing systems, roofing, boiler components, bathrooms, and select windows
Extensively renovated and refurnished interiors with refreshed exterior finishes
Potential for retail, showroom, studio, wellness, or professional office use
Includes land, improvements, FF&E, and substantially all existing hospitality business assets

Warehouse with Five Buildings

Updated: Sep 2, 2025

Warehouse with Five Buildings

5505 Manitou Rd, Excelsior, MN 55331

Contact for pricing

42,096 sqft

Five buildings on the property for flexible redevelopment
42,096 SF total warehouse space
5505 Manitou Rd, Excelsior, MN 55331
Within two minutes of downtown Excelsior
Close proximity to Hwy 7

Bull & Wren Restaurant Business

Bull & Wren Restaurant Business

200 Water St, Excelsior, MN 55331

Contact for pricing

Established restaurant operation offered with inventory included in the transfer.

See what stands out in Hennepin County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Excelsior, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Office Condo Unit

Corner Office Condo Unit

7965 Stone Creek Dr Unit 110, Chanhassen, MN 55317

$335,000

Office condominium with a corner-unit configuration in a 2005-built property.

Office/Retail Suite

Office/Retail Suite

7955 Stone Creek Drive, Suite 110, Chanhassen, MN 55317

Contact for pricing

1,536 sqft

For sale suite at 7955 Stone Creek Drive, Suite 110, offering office and retail flexibility in Chanhassen, MN.

Retail/Commercial Site For Sale

Retail/Commercial Site For Sale

Kings Point Rd, Minnetrista, MN 55331

Contact for pricing

1.64 AC lot

1.64 acre retail/commercial site available for purchase.

2.17 Acre Site in Minnetrista

2.17 Acre Site in Minnetrista

4651 Kings Point Rd, Minnetrista, MN 55331

Contact for pricing

2.17 AC lot

2.17 acre site in a master planned community.

Off-Market Properties in Excelsior, MN

Consider similar Off-Market properties in Excelsior, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

720 Galpin Lk Rd

COMMERCIAL (GENERAL)

720 Galpin Lk Rd, Excelsior, MN 55331-3059

Value Estimation by Request

1,448 sqft 0.50 AC lot

5609 Manitou Rd

COMMERCIAL (GENERAL)

5609 Manitou Rd, Excelsior, MN 55331

$4,585,000

Estimated value

2.03 AC lot

34 Water St

COMMERCIAL (GENERAL)

34 Water St, Excelsior, MN 55331-1846

$4,800,000

Estimated value

0.03 AC lot

420 2nd St

COMMERCIAL (GENERAL)

420 2nd St, Excelsior, MN 55331-1906

$340,000

Estimated value

0.14 AC lot

229 Water St

COMMERCIAL (GENERAL)

229 Water St, Excelsior, MN 55331-1824

$1,700,000

Estimated value

0.11 AC lot

4801 Kings Pt Rd

VACANT COMMERCIAL LAND

4801 Kings Pt Rd, Excelsior, MN 55331

$280,000

Estimated value

5.49 AC lot

361 George St

COMMERCIAL (GENERAL)

361 George St, Excelsior, MN 55331-3061

$645,000

Estimated value

11,193 sqft 0.14 AC lot

750 Excelsior Blvd

COMMERCIAL (GENERAL)

750 Excelsior Blvd, Excelsior, MN 55331

$12,500,000

Estimated value

1.17 AC lot

687 Excelsior Blvd

COMMERCIAL (GENERAL)

687 Excelsior Blvd, Excelsior, MN 55331-1934

$12,500,000

Estimated value

0.95 AC lot

468 3rd St

COMMERCIAL (GENERAL)

468 3rd St, Excelsior, MN 55331-2031

$615,000

Estimated value

936 sqft 0.08 AC lot

19400 Hwy 7th 7

COMMERCIAL (GENERAL)

19400 Hwy 7th 7, Excelsior, MN 55331-9133

$370,000

Estimated value

1.68 AC lot

406 2nd St

COMMERCIAL (GENERAL)

406 2nd St, Excelsior, MN 55331

$3,750,000

Estimated value

0.18 AC lot

603 Lk St, Unit 307

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1949

Unit 307

$1,025,000

Estimated value

4.64 AC lot

603 Lk St, Unit 307

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1949

Unit 307

$1,025,000

Estimated value

4.64 AC lot

603 Lk St, Unit 212

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1999

Unit 212

$830,000

Estimated value

4.64 AC lot

603 Lk St, Unit 212

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1999

Unit 212

$830,000

Estimated value

4.64 AC lot

603 Lk St, Unit 217

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1999

Unit 217

$260,000

Estimated value

4.64 AC lot

603 Lk St, Unit 217

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1999

Unit 217

$260,000

Estimated value

4.64 AC lot

24320 Smithtown Rd

COMMERCIAL (GENERAL)

24320 Smithtown Rd, Excelsior, MN 55331-8598

$810,000

Estimated value

1.12 AC lot

603 Lk St, Unit 205

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1993

Unit 205

$605,000

Estimated value

4.64 AC lot

603 Lk St, Unit 108

RESIDENTIAL PARKING GARAGE

603 Lk St, Excelsior, MN 55331-1948

Unit 108

$340,000

Estimated value

4.64 AC lot

Excelsior, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Excelsior, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,096 square feet of properties for sale, with an estimated market value of $1,950,000.

Sale prices for business properties in Excelsior, MN average $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 19K

Population Growth (5Y) +4.4%

Median Household Income $160,029

College Educated 99.9%

High-Yield Neighborhoods for Investment

Identify Excelsior submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55331	$2M

Taxes & Financing

Tax Rate (average for all types) 2.73%

Property Tax per SF $26.95 per SF

Tax Rate vs County Average 0.30 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hennepin County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us