Mixed-Use

Excelsior, MN Mixed-use Properties for Sale

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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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Excelsior, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased Mixed-Use Property
Fully Leased Mixed-Use Property

701 Lake St E, Wayzata, MN 55391

$28,429,293
44,320 sqft

Built in 2003 with a flexible layout accommodating multiple tenant configurations.

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Standalone Mixed-Use Industrial Building
Standalone Mixed-Use Industrial Building

150 Jackson Ave N, Hopkins, MN 55343

Contact for pricing
8,000 sqft

Flexible commercial property combining light industrial space with dedicated offices and transit-oriented zoning.

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Multi-Tenant Retail in Mixed-Use Building
Multi-Tenant Retail in Mixed-Use Building

712-786 Main Street, Hopkins, MN 55343

Contact for pricing
18,495 sqft

Street-level retail is fully leased beneath sold-out residential condos at Marketplace Lofts.

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Mixed-Use Property in Wayzata
Mixed-Use Property in Wayzata

222 Minnetonka Ave S, Wayzata, MN 55391

Contact for pricing
4,987 sqft

Mixed-use property with office and retail space in Wayzata.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Tillable Commercial Land
Tillable Commercial Land

Hwy 212, Carver, MN 55315

$13,800,000
69.17 AC lot

Land is guided for mixed-use commercial and industrial development with water available.

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Two-Lot Development Land Site
Two-Lot Development Land Site

2840 Bloomington Avenue, Minneapolis, MN 55407

$300,000
0.12 AC lot

Two contiguous vacant lots zoned for multi-family or mixed-use development up to six stories with build-form premiums.

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Off-Market Properties in Excelsior, MN

Consider similar Off-Market properties in Excelsior, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Excelsior, MN 55331
OFFICE/RESIDENTIAL (MIXED USE)

Excelsior, MN 55331

Estimated value:
$205,000
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Excelsior, MN Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Excelsior, MN on our real estate platform.

Sale prices for multi use buildings 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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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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