520 2nd ST Excelsior, MN 55331
0.49 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Galpins Add
MLS Listing ID 7006401
Year Built 1900
Annual Tax Amount $26,320
Tax Year 2025
Contingent None
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 245 x 88
Property Description
**When you arrive in Excelsior, the significance of this location is immediately clear: Maynard's and Lake Minnetonka are to your right and 520 2nd Street is straight ahead. Few properties can claim this level of visibility, prominence, and daily exposure. This is THE location!
**The commercial space features two expansive, separate and well-defined levels (main and upper), providing outstanding flexibility for a wide range of business models, professional services, boutiques, showrooms or 100's of other creative uses.
**Positioned in one of Excelsior's most active and walk-able areas, the property delivers exceptional business brand presence while capturing the prestige and lifestyle appeal of Excelsior Bay and Lake Minnetonka.
**This is a fantastic opportunity for owner-users, investors, developers, and business visionaries who desire a premier presence in a community known for its amazing lake lifestyle, dining experiences like Vagabondo, Mirabelle, Coalition, Maynard's, 318 plus numerous shops on Water Street and surrounding streets, along with a long-term business value, who are seeking an exceptional, highly-coveted Lake Minnetonka location.
**For developers and investors, the property's configuration, location, and prominent visibility, un-lock a variety of high-value possibilities—whether as a refined live/work estate, a signature business destination, or a strategic redevelopment.
**The attached 4-story home boasts (4) bedrooms with a master bedroom and en-suite, (4) bathrooms, kitchen, dining room and a great room with vaulted ceilings designed for everyday living, as well as, entertaining. **More home highlights include a large private backyard and a three-car attached garage, creating an exceptional live-work lifestyle in an unbeatable Excelsior location. **Don't wait on this one!
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Single Family
Interior
Heating Baseboard, Boiler, Radiator
Cooling Central Air
Flooring Carpet, Tile
Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Fireplace No
Appliance Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage, Electric, Garage Door Opener, Heated Garage, On-Street Parking Only, Parking Lot, Paved Lot, Storage, Underground
Garage Spaces 3.0
Fence Chain Link
Utilities Available Electric Common
View Bay, Lake
Present Use Professional/Office
Building
Story Three Or More
Foundation 7043
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
New Construction false
Schools
School District Minnetonka