511 2Nd St Excelsior, MN 55387
- Commercial real estate
- 621 SF
Current Use by Public Records
- Commercial real estate
Property Details for 511 2Nd St
- Year built
- 2024
- Property size
- 621 SF
- Property type
- Commercial real estate
Description
This exceptional 621-square-foot office/retail space is situated in the heart of historic downtown Excelsior, Minnesota, at 511 Second Street, Unit Suite 12. Boasting a prime location with high visibility and fantastic street and sidewalk frontage, this brand-new space offers abundant natural light from three sides of floor-to-ceiling windows. The contemporary design includes modern amenities such as a kitchen and an ADA-compliant bathroom. A unique feature is the inviting front-entry outdoor patio, perfect for showcasing your business and providing a relaxing space for employees or clients. The space comes professionally furnished and designed by The Sitting Room, ready for immediate occupancy. Benefit from high traffic counts, with 7,041 vehicles per day on Second Street and 10,859 on nearby Water Street, ensuring significant exposure to potential customers. The monthly homeowner's association fee is $471.01, effective 2025. Property taxes will be assessed in early 2025, with a PID to be assigned. This is a rare opportunity to own a beautifully designed, turnkey commercial space in a thriving and walkable community. The property is offered at $475,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Excelsior
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.56403
- Latitude
- 44.90266
