Sold
Last Sold Price
356 Water St, Excelsior, MN 55331
Mixed UseProperty Type
7,405 sq ftLot Size
1890Year Built

Description

2,322 SF Retail/Office building on Water Street in Excelsior. Unique property with Commercial and Residential usage. The property offers main level Retail/Office use and a 2 bed on the upper level & a 1 bedroom carriage house. Zoned B-2 General Business.2,322 SF Retail/Office building on Water Street in Excelsior. Unique property with Commercial and Residential usage. The property offers main level Retail/Office use and a 2 bed on the upper level & a 1 bedroom carriage house. Zoned B-2 General Business.
Listing closed: 12/11/2013 12:00 AM • Source: NorthStar, MLS#: 4329551

Recent comparable sales

Median sold price

$400,000

Avg days on market

34

Excelsior, MN

9 comparable properties found

1

$425,000

Sold 04/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$270,000 | 5600 Shorewood Lane, Excelsior, MN 55331
2

$270,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
$280,000 | 5000 Manitou Road, Excelsior, MN 55331
1/5
3

$280,000

Sold 11/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.57
Acres
4

$250,000

Sold 07/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.06
Acres
$490,000 | 6175 Cardinal Avenue, Excelsior, MN 55331
5

$490,000

Sold 05/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.87
Acres
6

$350,000

Sold 02/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
7

$400,000

Sold 11/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$625,000 | 88 1st Street, Excelsior, MN 55331
8

$625,000

Sold 12/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.1
Acres
$1,885,000 | 805 Hidden Lane, Excelsior, MN 55331
9

$1,885,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.28
Acres

Location

Listing Courtesy of Coldwell Banker Burnet

Sold By Coldwell Banker Burnet

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Property Information for 356 Water Street

Property Details
  • Taxes: $10,780 / year
  • MLS Type: Commercial Sale / Mixed Use
  • Waterfront YN: No
  • Zoning Jurisdiction: Business/Commercial
Building Information
  • Residences: 1
  • Year Built: 1890
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • City Name: Excelsior
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Highway 7 West to Oak Street (Cty Rd 19) turn Right (North) to Water Street turn Right (East) to property - 356 Water Street.
  • Latitude: 44.9015369382
  • Longitude: -93.5683504285
  • Map Coordinate: 117-E3
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Excelsior
  • City and Location Text: Excelsior(MN)
  • Postal Code: 55331
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 3411723140037
  • Tax Annual Amount: $10,780.00
  • Tax Legal Description: Lengthy - See Lister
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2013
  • Tax With Assessments: 10780.38
School Information
  • High School District: 276 - Minnetonka
  • School District Number: 276
  • School District Phone: 952-401-5000
Property
Lot Information
  • Current Use: Residential, Commercial
  • Lot Features: Tree Coverage - Light
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 0
  • Lot Size Units: Acres
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Heating Separate, Electric Separate, Hot Water Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2322.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets, Sidewalks
  • Roof: Asphalt, Pitched
Interior Features
  • Heating: Forced Air

Property History for 356 Water Street

DateEvent & SourcePriceAppreciation
Dec 11, 2013

Sold (Public Record)

Public Record #382803781

$360,000

-5.2% / yr

Dec 11, 2013

Sold

NorthStar #4329551

$360,000
Oct 18, 2013

Pending

NorthStar #4329551

DateEvent & SourcePrice
12/11/2013

Sold (Public Record)

Public Record #382803781

$360,000

-5.2% / yr

12/11/2013

Sold

NorthStar #4329551

$360,000
10/18/2013

Pending

NorthStar #4329551

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 356 Water Street

Taxable ValueLand$484,000Additions$96,000Total$580,000
Tax Record2025$16,027 ($1,336 / month)
Home Facts
Baths1Total Finished SqFt4,022 SqFtAbove Grade Finished SqFt4,022 SqFtStories1Lot Size7,405 SqFtStyleMiscellaneous CommercialYear Built1890Year Renovated1980CountyHENNEPINAPN34-117-23-14-0037

Schools near 356 Water Street

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Excelsior Elementary School
PublicK to 5

Minnetonka West Middle School
Public6 to 8

Minnetonka Senior High School
Public9 to 12

Shorewood Education Center
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 356 Water Street, Excelsior, MN 55331
$360,000
7,405
$405,000
0
$435,500
$220,000
4,356
$745,000
1
2,500
5,662
$535,000
12,196

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Burnet

Based on information submitted to the MLS GRID as of 07/31/2020 02:47 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.