Office Unit with Four
For Sale
$159,900
6200 Excelsior Boulevard, Saint Louis Park, MN 55416
Commercial Sale, Saint Louis Park, MN
Property Size1,200 SF
Lot Size1.45 Acres
Price / SF$133.25
Days on Market195
Property Features for 6200 Excelsior Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Business/Commercial
Rooms
Basement
Parking features
Parking Lot
Subdivision
Condo 0484 Blvd Prof Bldg
High school district
St. Louis Park
Directions
Hwy 100 to excelsior Blvd, west 6 block or 169 to Excelsior Blvd and go east 2 miles.
Standard status
Active
APN
2111721320133
Lot size
1.45 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2852
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
Marble Floors
Reception area
Break/ Data/ Copy Room
Exterior Signage
Separate storage area
Building Details
Year built
1986
Listing Agency:
National Realty Guild
(651) 330-8001
Listed By:
Peggy Crumpton
(651) 494-4000
Added: Apr 1
Changed: Oct 8
Last Checked: Oct 12 at 3:06PM
MLS# 7047031
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,200-square-foot office unit includes a reception area, four offices, and a separate room for break, data, and copy functions. Marble flooring and a 24-by-11-foot storage area add to the interior configuration. The building dates to 1986 and has forced-air heating and central air conditioning.
The property is on Excelsior Boulevard, with highway access from Excelsior near Highway 100. A parking lot and exterior signage are included, and immediate occupancy is available.
The property is on Excelsior Boulevard, with highway access from Excelsior near Highway 100. A parking lot and exterior signage are included, and immediate occupancy is available.
Key Highlights
- 1,200‑square‑foot office unit with reception area and four offices
- Separate 24x11 storage area included with the unit
- Break, data, and copy room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,250
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
$285.0K
Cap Rate 7%
$203,571
$203.6K
Cap Rate 9%
$158,333
$158.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$26.4K $21.96/SF
− Vacancy
−$7.4K −$6.13/SF
EGI
$19.0K $15.83/SF
− OpEx
−$4.7K −$3.96/SF
NOI
$14.2K $11.87/SF
Area
Hennepin County, MN
Vacancy
27.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
Cap Rate 7%
$203,571
Cap Rate 9%
$158,333
Alternative Uses
Best Use
Office B
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.3K
$250.5K – $334.0K
NOI $20,041 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Explore this area
Business Placement
Demographics for 55416, MN
34,129
Population
19,197
Households
1.8
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
4,675
Density / Sq Mi
$105,926
Median Household Income
$70,993
Median Earnings
$1,701
Median Rent
$457,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Reception and a dedicated break, data, and copy room support day-to-day office operations.
Where is this office units located?
The property is located at 6200 Excelsior Boulevard Saint Louis Park, MN.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1,200‑square‑foot office unit with reception area and four offices; Separate 24x11 storage area included with the unit; Break, data, and copy room
