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520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331
520 2nd St, Excelsior, MN 55331

520 2nd St Excelsior, MN 55331

$3,200,000

ACTIVE
Beds
Baths
Sqft
Acres
0.68
Year
1900
Days on Site
2 Days
Property Type
Commercial Sale
Sub Type
Per Square Foot
$3,200,000
Date Listed
Jan 10, 2026

Description of 520 2nd St, Excelsior, MN 55331

Listing details for 520 2nd St, Excelsior, MN 55331 : Here it is! The Prime Location you’ve been waiting for. Located in the heart of Excelsior—one of Lake Minnetonka’s most coveted destinations and often referred to as the “Malibu of the Midwest”—520 2nd Street presents a truly rare, mixed-use zoned, once-in-a-generation opportunity that combines 8000 sq ft between the well-established commercial building owned by Huber Funeral Homes with a spacious, single-family residence w/rental license, if desired. Nearly 3/4 acre. **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!
Listing Updated : 08-11-2026 at 4:51 AM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST7006401

For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
1/10/2026
Listed for sale
$3,200,000
Source:NorthstarMLS #NST7006401
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Based on information submitted to the MLS GRID as of 2026-08-11. 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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For more information on this listing contact us at 612-712-1154