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2-Suite Retail Space
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310-320 Water St, Excelsior, MN 55331

Open layouts allow the suites to operate separately or be joined for a larger retail footprint.

Space Size2,325 SF
Days on Market11

Property Features for 310-320 Water St

General Information

Standard status Active
Size 2,325 SF
Net Rentable 2,140 SF
Property subtype RETAIL
Lease Type Full Service

Additional Details

Available Space 2,140-4,465 SF

Spaces For Lease

at 310-320 Water St
The Excelsior Mill $35/SF/Yr
Floor 1
Size 2,325 SF
Type RETAIL
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
The Excelsior Mill building offers a prime downtown Excelsior location with walkable access to Lake Minnetonka, as well as nearby restaurants, retail, and local amenities, creating an attractive environment for both employees and clients. The property features designated on-site parking for tenants, a rare and valuable convenience in this high-demand area. The available suites provide a modern and open layout suitable for a variety of businesses. 2 available suites (Suite 316 - 2140 SqFt & Suite 320 - 2325 SqFT) they can be rented separately or combined.
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Listing Agency: The Brookshire Company
Listed By: Mario Hadley · License #40865095
Source: Moodyscre
Added: Sep 25 Changed: Sep 29 Last Checked: Oct 4 at 1:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Brookshire Company

Investment Insights

Based on property information with market context.

Two retail suites are available at the Excelsior Mill building, with open layouts and the option to lease each space independently or combine them. Suite 316 contains 2,140 square feet, while Suite 320 offers 2,325 square feet.

The property is in downtown Excelsior, within walking distance of Lake Minnetonka and near restaurants, retail, and local amenities. Designated tenant parking is available on site.

Key Highlights

  • Two retail suites: 2,140 square feet in Suite 316 and 2,325 square feet in Suite 320
  • Suites may be leased individually or combined
  • Open suite layouts

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Bakery HVAC Service Garden Center (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

942
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Groceries 18% Shops & Services 18%
McDonald's Dining
16,183 visits/mo 0.5 miles
Haskell's Groceries
5,515 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,048 visits/mo 0.2 miles
Dunn Bros Coffee Dining
1,794 visits/mo 0.1 miles
U.S. Bank Shops & Services
1,226 visits/mo 0.2 miles

Demographics for 55331, MN

19,568
Population
8,275
Households
2.4
Avg Household Size
46
Median Age
71%
College-Educated
99%
High-School Grad
16.3 sq mi
ZIP Area
1,200
Density / Sq Mi
$160,029
Median Household Income
$75,771
Median Earnings
$1,208
Median Rent
$707,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Open layouts allow the suites to operate separately or be joined for a larger retail footprint.
Where is this retail space located?
The property is located at 310-320 Water St Excelsior, MN.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Two retail suites: 2,140 square feet in Suite 316 and 2,325 square feet in Suite 320; Suites may be leased individually or combined; Open suite layouts
(952) 454-0577 Call to check price and availability
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