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244 Water St
Excelsior, MN 55331 Outlying Hennepin Far Western Suburbs

$3,283 USD/MO

Storefront Retail Office For Lease  •  1,576 SF

Property Details

  • Property Type Storefront Retail Office
  • Year Built 1909
  • Total Building Size 3,033 SF
  • Tenancy Multiple
  • Building Class C
0 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
2nd Floor Ste 200 Office/Retail 1,576 SF $25.00 USD/SF/YR 
Situated in the heart of downtown Excelsior, within a walkable business district along the scenic shores of Lake Minnetonka.
Features: Exposed brick, hardwood floors, and high ceilings
Layout: Open space with a reception area, private office, kitchenette, and updated restroom
Natural Light: Large windows providing abundant bright natural light
Outdoor Access: Includes a kitchenette and an outdoor deck
Entrances: Separate front entrance on Water Street and a rear entrance with access to a municipal parking lot, ramp located just behind
1576 SF
$25 PSF NNN
Wide open ready to go
1576 Square Feet
Water Street signage
Parking ramp behind
Turn Key

  • Date available: Apr 2026
  • Lease term: 3 Years
  • Service type: Triple Net
  • Space Type: New

Description 

Prime Historic Location: Situated in the highly sought-after Historic District of Excelsior, steps away from Lake Minnetonka and the scenic Port of Excelsior.
Architectural Charm: Features classic stucco and brick/stone exterior with interior highlights like exposed brick, hardwood floors, and high ceilings that create an inviting atmosphere.
Strategic Access: Dual entrances offer frontage directly on Water Street and rear access to a municipal parking lot and ramp for convenient guest parking.
Versatile Use: The building supports a mix of retail and office space, with large windows providing abundant natural light and an outdoor deck for added flexibility.
Surrounding Amenities: Nestled among vibrant local landmarks including The Lobby Coffee & Leisure, Excelsior Brewing Company, and Kowalski’s Excelsior Market. 

Rich Local History
Once known as Newell's Bazaar Cafe and the long-time home of the Excelo Bakery starting in 1937, this building has been a cornerstone of the community for over a century. Today, it continues to flourish as the home of LILIA Flower Boutique and other specialty businesses.

Highlights

Beautiful Historic Water Street
Huge operable windows with great views
Bright natural light

Property Flyers

Amenities

  • 24 Hour Access
  • Controlled Access
  • Signage
  • Air Conditioning
  • Balcony

Major Tenants

Tenant SF Occupied Lease End Date
Lilia Flower Boutique

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 33 min - 21.0 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 8
Type: Reserved
Included in Rent: Yes
Laura Hotvet 612-816-7537 Compass - The Lakes Team
Laura Hotvet 612-816-7537 Compass - The Lakes Team