444 2Nd StExcelsior, MN 55331

  • Other commercial real estate
  • 0.12 AC
For Lease

Property Details for 444 2Nd St

Year built
1969
Construction
CONCRETE BLOCKS
Lot size
0.12 AC
Property type
Other commercial real estate
APN
34-117-23-11-0150
APU
3411723110150

Description

Exceptional opportunity to lease or purchase a well-maintained, two-story office building at 444 2nd Street, Excelsior, MN 55331. This 9,080 square foot building, constructed in 1960 and extensively renovated in 2019, offers a variety of flexible spaces, ideal for multiple tenants. The minimum leasable space is 2,165 square feet, with the potential to lease the entire 9,080 square feet contiguously. The building features a modern interior with private offices, a staff lounge including a bar and wine room, multiple restrooms, and a shower. Convenient multiple entrances enhance accessibility. Located in the heart of downtown Excelsior's Central Business District (B-1 zoning), this property benefits from ample free municipal parking directly south of the building, as well as street parking. The building's prime location within the highly desirable and affluent Excelsior area makes it perfect for a variety of office, retail, or service-based businesses. This property offers a unique blend of modern amenities and a desirable location in a nationally recognized zip code.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,029,678
    Hospitality
    $943,180
    Educational
    $784,715
    Medical
    $811,702
    Retail
    $1,220,667
444 2Nd St, Excelsior, Minnesota
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Location Insight

City
Excelsior
County
Hennepin
State
Minnesota
Latitude
44.9028
Longitude
-93.5654
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,536
$380,000
$1,296,000
$1,676,000
-
$380,000
$1,296,000
$1,676,000

FAQs

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