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    6002 Excelsior Blvd St Louis Park, MN 55416

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    For Sale
    $1,200,000

    7,500 SF commercial property with three tenants and billboard revenue.

    Property size:
    7,490 SF
    Lot size:
    0.17 Acres

    Property Features for 6002 Excelsior Blvd

    General Information

    Size
    7,490 SF
    Lot size
    0.17 Acres

    Source: Caspian Group Agent Alex Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Retail Property

    The property at 6002 Excelsior Blvd is a 7,500 square foot commercial property. It is fully occupied and features three long-term tenants, providing a stable income stream. The property also benefits from an additional revenue stream from an on-site billboard. Located in a high-traffic corridor, the property offers excellent visibility and foot traffic. A new roof has been installed and includes a 20-year warranty. This property offers a blend of stability and income growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Educational Outfitters Uniform Store Sew What! Tailor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Arts & Flowers Inc, Red Fox Floral, LLC

    Location Insight

    • Map
    • Local Demand
    City
    St Louis Park
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3566272
    Latitude
    44.9283691

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    FAQs

    What type of property is this?
    Storefront property - 7,500 SF commercial property with three tenants and billboard revenue.
    Where is this storefront property located?
    The property is located at 6002 Excelsior Blvd St Louis Park, MN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - High-traffic location ensuring **excellent visibility and foot traffic**; - **7,500 SF fully occupied property**; - 3 long term tenants providing stable income
    (952) 200-0675
    Request Owner's contact information
    6002 Excelsior Blvd St Louis Park, MN 55416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6002 Excelsior Blvd St Louis Park, MN 55416
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