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    444 2Nd St Excelsior, MN 55331

    For Sale
    Contact for pricing

    Well-appointed office building in downtown Excelsior, suitable for various uses.

    Property size:
    9,080 SF
    Lot size:
    0.06 Acres

    Property Features for 444 2Nd St

    General Information

    Size
    9,080 SF
    Lot size
    0.06 Acres

    Source: Suntide Commercial Realty, Inc. Agent Andy Manthei

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

    Overview

    Downtown Excelsior Office Building

    This 9,080 square foot two-story office building is located in downtown Excelsior. The property features a flexible and modern workspace, private offices, and a renovated lower level. Additional amenities include a staff lounge with a bar, a wine room, multiple restrooms, a shower, and multiple entrances. The building is zoned to accommodate office, retail, showroom, and other uses. Client and staff parking is available via free municipal parking on the south side of the property, as well as street parking along 2nd Street. Building signage is available. The property benefits from its proximity to Highway 7 and Minnetonka Boulevard, providing convenient access. A new roof was installed in 2020. The location offers walking distance to restaurants, shops, Kowalski's, and Lake Minnetonka. This location is suitable for office, retail, and service uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Excelsior
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.5653422
    Latitude
    44.90281

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    FAQs

    What type of property is this?
    Office building - Well-appointed office building in downtown Excelsior, suitable for various uses.
    Where is this office building located?
    The property is located at 444 2Nd St Excelsior, MN.
    What are key features of this property?
    This property features: - Prime downtown Excelsior location in a high-income area.; - Flexible 9,080 SF two-story building suitable for office, retail, showroom, and other uses.; - Free municipal parking and street parking available.
    (651) 603-0321
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    444 2Nd St Excelsior, MN 55331
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    Excelsior, MN 55331
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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
    444 2Nd St Excelsior, MN 55331
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