244 Water Street, 200, Excelsior, MN 55331
$25
Property Type:
Commercial
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$25
List Date:
3/17/2026
Last Modified:
5/27/2026
Listing Details MLS# 7038314
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Waterfront Present
- No
- Year Built
- 1909
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 1700
- For Sale or Lease
- For Lease
- Acres
- 0.08
- Assessment Pending
- No
- Other Parking Spaces
- 0
- Lot Dimensions
- No
- Garage Stalls
- 0
Property Features
Accessible:
None
CMU Style:
Business Opportunity; Mixed Use; Office; Other; Retail/Shopping Center
Construction Status:
Previously Owned
Current Use:
Retail
Exterior:
Brick/Stone
Foundation:
Brick/Mortar
Fuel:
Natural Gas
Heating:
Forced Air
Lease Details:
Triple Net
On Site Utilities:
Electric Separate; Heating Separate
Parking Characteristics:
Parking Lot; Paved Lot
Potential Use:
Office; Other; Professional; Retail; Wholesale
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Original List Price
- 25
- Contingency
- None
- ListPrice
- 25
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 244
- Street Name
- Water
- Street Suffix
- Street
- Unit Number
- 200
- Postal City
- Excelsior
- County
- Hennepin
- State
- MN
- Zip Code
- 55331
- Complex/Dev/Subdivision
- Auditors Sub 135
Assessments
- Tax With Assessments
- 39365
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 3033
More Information
Lease Details
- Land Leased
- Not Applicable
- Lease Amount Type
- Monthly
- Triple Net
- Yes
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 23
- Section#
- 34
- Township#
- 117
Sale Options
- Sale Includes
- Other
Unit Details
- Total Units
- 2
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 037 AUDITOR'S SUBD. NO. 135 EX ROAD
- Listing City
- Excelsior
- Map Page
- 117
- Municipality
- Excelsior
- School District
- Minnetonka
- School District Phone
- 952-401-5000
- County Abbreviation
- 200
- Zip Plus 4
- 755
- Property ID Number
- 3411723110067
- Tax Year
- 2025
- Tax Amount
- 39282
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Rare opportunity to lease office or retail space in the heart of the highly sought-after historic district of Excelsior. This charming, turn-key suite features exposed brick, hardwood floors, and high ceilings, creating a warm and inviting space full of character. The flexible layout includes open workspace, a reception area, private office, kitchenette, and updated restroom, all thoughtfully designed with attention to detail in the lighting, cabinetry, and finishes. Large windows fill the space with abundant natural light, enhancing the welcoming atmosphere. The suite offers two convenient entrances, with a front entrance directly on Water Street and a rear entrance providing easy access to a municipal parking lot and ramp, offering ample guest parking. An outdoor deck adds additional flexibility and charm. Located in the walkable downtown district along the scenic shores of Lake Minnetonka, the space is surrounded by local shops, restaurants, and businesses, making it an ideal setting for office or boutique retail use.
- Directions
- Hwy 7 west, take exit for Excelsior, turn left on Water Street at 2nd Street.
Accessible
- None
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Brick/Mortar
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Parking Characteristics
- Parking Lot
- Yes
- Paved Lot
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Separate
- Yes
CMU Style
- Business Opportunity
- Yes
- Mixed Use
- Yes
- Office
- Yes
- Other
- Yes
- Retail/Shopping Center
- Yes
Current Use
- Retail
- Yes
Potential Use
- Office
- Yes
- Other
- Yes
- Professional
- Yes
- Retail
- Yes
- Wholesale
- Yes
Listing Office:
Compass
Last Updated: May - 27 - 2026
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