7837 Excelsior Rd Baxter, MN 56425-8427
This Baxter, MN commercial property, located at 7837 Excelsior Road, offers 6,311 square feet of versatile space ideal for a variety of uses. The building, constructed in 2002 and extensively renovated in 2023, features a blend of retail, office, and warehouse space, perfect for an owner-occupier or multiple tenants. Currently, a single tenant occupies a small portion of the building, leaving 5,567 square feet available. The available space includes open retail areas, upper-level offices, ample storage, and a warehouse equipped with a 14-foot overhead dock high door and an adjustable loading platform. The building boasts a new roof and siding, along with modern digital signage, ensuring high visibility on a busy corridor. The property sits on a 0.5-acre lot and includes 18 parking spaces. Interior ceiling heights vary from 8 to 18 feet. The building is served by 200-amp single-phase power. The C2 - Regional Commercial zoning allows for a wide range of business types. This property presents a unique opportunity to establish a thriving business in a prime Baxter location near complementary businesses, offering both excellent visibility and convenient access. The property's APN is 40080511
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.