520 2nd ST, Excelsior, MN 55331
520 2nd ST, Excelsior, MN 55331
520 2nd ST, Excelsior, MN 55331
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Meta Realty

Meta Realty

Meta Realty

+1(952) 243-0037
$3,200,000
Est. payment /mo
0.68 Acres Lot
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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 0.680 Acres

Lot Dimensions 392 x 143

Property Description

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!

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

Read Less Info
Listed by Gregory Haage • Up Front Homes

Questions about this property?

Meta Realty
Meta Realty

Brokerage | License ID: 40908061

+1(952) 243-0037 | info@metarealtymn.com

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520 2nd ST

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