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    Excelsior, MN
    Hospitality

    Excelsior, MN Hospitality Properties for Sale

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    Chanhassen, MN Minnetrista, MN Shorewood, MN Minnetonka, MN Orono, MN Spring Park, MN Eden Prairie, MN Mound, 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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Excelsior, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    32-Room Hotel with Redevelopment Potential
    32-Room Hotel with Redevelopment Potential

    5346 Minnehaha Ave, Minneapolis, MN 55417

    Contact for pricing
    0.58 AC lot

    Functioning 32-room hotel on a two-parcel site zoned CM2 Corridor Mixed Use.

    View details
    Chaska Hospitality Property For Sale
    Chaska Hospitality Property For Sale

    1 Oak Ridge Dr |, Chaska, MN 55318

    Contact for pricing
    171 sqft

    Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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    Riverfront Hospitality Asset with Redevelopment Potential
    Riverfront Hospitality Asset with Redevelopment Potential

    1 River Bend Pl, Chaska, MN 55318

    Contact for pricing
    72,578 sqft

    Riverfront property in downtown Chaska with redevelopment potential.

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    Historic Minneapolis Landmark For Sale
    Historic Minneapolis Landmark For Sale

    100 E 22 St, Minneapolis, MN

    Contact for pricing
    20,652 sqft 0.42 AC lot

    Iconic property with versatile potential in Kenwood neighborhood.

    View details

    Excelsior, MN Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Excelsior, MN on our real estate platform.

    Sale prices for hospitality 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    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

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