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468 3rd St, Excelsior, MN 55331
468 3rd St, Excelsior, MN 55331
Sold for $615,000
468 3rd St, Excelsior, MN 55331
Sold for $615,000
468 3rd St, Excelsior, MN 55331
468 3rd St, Excelsior, MN 55331
468 3rd St, Excelsior, MN 55331
468 3rd St, Excelsior, MN 55331

468 3rd St Excelsior, MN 55331

$615,000

CLOSED
Beds
0
Baths
2
Sqft
Acres
0.08
Year
1900
Close Date
Aug 22, 2024
Property Type
Commercial Sale
Sub Type
Date Listed
Aug 8, 2024

Description of 468 3rd St, Excelsior, MN 55331

Listing details for 468 3rd St, Excelsior, MN 55331 : **SOLD BEFORE PRINT. Rare and special opportunity in the heart of downtown Excelsior. The sellers reimagined this prior Up-Down Style Duplex into charming open concept work space areas for their growing advertising company. This is a wonderful opportunity for either a traditional buyer to enhance the property further as a single family opportunity with the existing footprint or for a commercial buyer given the rare opportunity to have a parcel that is zoned for "Downtown Commercial" to redevelop it using the city's requirements for set backs and hardcover rules. 1081 sq feet recorded prior - however it truly boasts 800 square feet of usable space that features a kitchenette on the upper floor, wet bar on the main floor, 2 half baths (upper and lower - thus non ADA compliant as is) and a walkout lower level to a lovely backyard patio that overlooks a little greenspace and wooded views. Located just seconds from Excelsior's charming Water Street shops and restaurants with ample free parking next to the brewery. Enjoy your very own path access to the Lake Minnetonka Regional Trail that is located just to the rear of the property. The build year is recorded as 1900, however the historic records suggest that it may be circa 1874 and was the Darnell's Boarding house at one time. *See the list of Seller's improvements attached.
Listing Updated : 08-25-2026 at 12:21 AM CDT

Properties displayed may be listed or sold by various participants in the MLS

Source

NorthstarMLS as distributed by MLS GRID, MLS#: 6582821

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Property History

DateEventPrice
8/22/2024
Sold
$615,000
Source:NorthstarMLS #NST6582821
8/8/2024
Listed for sale
—
Source:NorthstarMLS #NST6582821

Location of 468 3rd St, Excelsior, MN 55331

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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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