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Excelsior, MN Hotels for Sale

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Chanhassen, MN Minnetrista, MN Shorewood, MN Minnetonka, MN Orono, MN Spring Park, MN Chaska, 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
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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.

Historic 22-Room Hotel
Historic 22-Room Hotel

333 Main St W, Wabasha, MN 55981

$599,000
15,385 sqft

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

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Historic Hotel with Restaurant
Historic Hotel with Restaurant

333 Main Street W, Wabasha, MN 55981

$599,000
0.42 AC lot

The hospitality property combines guest rooms, a restaurant, a wine-tasting bar, and a separate basement tavern.

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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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Excelsior, MN Hotels Market Trends and Statistics

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

Sale prices for resorts 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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