400 Highway 7 - Freestanding FOR SALE


$990,000 USD
952-854-9210
400 Highway 7, Excelsior, MN for Sale
$990,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate


HIGHLIGHTS

  • Excellent redevelopment or owner/user opportunity
  • Located on Hwy 7 with access at Morse Avenue
  • Existing billboard income

OVERVIEW

This is a rare opportunity to secure a prime location on State Highway 7 in the heart of Excelsior. Situated on 0.42 acres, the property features an existing 2,897-sq. ft. building, offering immediate functionality and potential for redevelopment. With excellent access and high visibility along a major corridor, this site provides outstanding signage opportunities to capture traffic and enhance brand presence. The area boasts exceptional demographics, making it ideal for businesses seeking a strong customer base. Flexible zoning allows for a wide variety of uses, from retail and office to specialty services, giving you the freedom to tailor the space to your vision. Don’t miss this chance to position your business in one of the most desirable locations in the Lake Minnetonka area. • Excellent redevelopment or owner/user opportunity • Located on Hwy 7 with access at Morse Avenue • Income from highway billboard • Signage available. Traffic count Hwy 7: 33,671 vpd. • Dynamic retail district near Lake Minnetonka, supported by affluent demographics • Fully sprinklered

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

GC-General Commercial

APN/PARCEL ID

34-117-23-14-0047

ASK ABOUT THIS PROPERTY

Nancy PowellForte Real Estate PartnersMore Info
952-854-9210

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Nancy PowellForte Real Estate PartnersMore Info
952-854-9210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.