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244 Water St 1,576 SF of Office/Retail Space Available in Excelsior, MN 55331
Highlights
- Beautiful Historic Water Street
- Bright natural light
- Huge operable windows with great views
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 200 | 1,576 SF | 3 Years | $34.76 CAD/SF/YR $2.90 CAD/SF/MO $54,789 CAD/YR $4,566 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 200
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
- Lease rate does not include utilities, property expenses or building services
- Fits 4 - 13 People
- Historic Water Street, great views
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 244 Water St, Excelsior, MN 55331
- Tenant
- Description
- US Locations
- Reach
- Lilia Flower Boutique
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Lilia Flower Boutique | Retailer | - | - |
Property Facts
| Total Space Available | 1,576 SF | Gross Leasable Area | 3,033 SF |
| Property Type | Retail | Year Built | 1909 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.64/1,000 SF |
| Total Space Available | 1,576 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,033 SF |
| Year Built | 1909 |
| Parking Ratio | 2.64/1,000 SF |
About the Property
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.
- 24 Hour Access
- Controlled Access
- Signage
- Air Conditioning
- Balcony
Nearby Major Retailers
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244 Water St
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