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Highlights

  • Downtown location
  • Prominent street frontage with large display windows for maximum visibility.
  • Lots of Foot traffic

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 316
  • 2,140 SF
  • Negotiable
  • $47.56 CAD/SF/YR $3.96 CAD/SF/MO $101,772 CAD/YR $8,481 CAD/MO
  • Full Service
Space Use
Retail
Build-Out
Full Build-Out
Availability
60 Days

Available with a 60 day notice.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 4,465 SF of adjacent space
  • 1st Floor, Ste 320
  • 2,325 SF
  • Negotiable
  • $47.56 CAD/SF/YR $3.96 CAD/SF/MO $110,570 CAD/YR $9,214 CAD/MO
  • Full Service
Space Use
Retail
Build-Out
-
Availability
Now

Suite 320 is available now. Great parking available. Designated parking upon request. Large windows for maximum natural light. Additionally, Suite 312 is also available. This retail space consists of 2,140 rentable square feet and may be available with a 60 day notice. Can be combined with Suite 320.

  • Rate includes utilities, building services and property expenses
  • Can be combined with additional space(s) for up to 4,465 SF of adjacent space
  • Opportunity to lease up to 4,465 of retail space
  • Contemporary exterior design
  • Large display windows for maximum visibility.
Space Size Term Rental Rate Rent Type
1st Floor, Ste 316 2,140 SF Negotiable $47.56 CAD/SF/YR $3.96 CAD/SF/MO $101,772 CAD/YR $8,481 CAD/MO Full Service
1st Floor, Ste 320 2,325 SF Negotiable $47.56 CAD/SF/YR $3.96 CAD/SF/MO $110,570 CAD/YR $9,214 CAD/MO Full Service

1st Floor, Ste 316

Size
2,140 SF
Term
Negotiable
Rental Rate
$47.56 CAD/SF/YR $3.96 CAD/SF/MO $101,772 CAD/YR $8,481 CAD/MO
Rent Type
Full Service
Space Use
Retail
Build-Out
Full Build-Out
Availability
60 Days

Available with a 60 day notice.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 4,465 SF of adjacent space

1st Floor, Ste 320

Size
2,325 SF
Term
Negotiable
Rental Rate
$47.56 CAD/SF/YR $3.96 CAD/SF/MO $110,570 CAD/YR $9,214 CAD/MO
Rent Type
Full Service
Space Use
Retail
Build-Out
-
Availability
Now

Suite 320 is available now. Great parking available. Designated parking upon request. Large windows for maximum natural light. Additionally, Suite 312 is also available. This retail space consists of 2,140 rentable square feet and may be available with a 60 day notice. Can be combined with Suite 320.

  • Rate includes utilities, building services and property expenses
  • Can be combined with additional space(s) for up to 4,465 SF of adjacent space
  • Opportunity to lease up to 4,465 of retail space
  • Contemporary exterior design
  • Large display windows for maximum visibility.

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 Excelsior Mill

  • Tenant
  • Description
  • US Locations
  • Reach
  • 318 Restaurant
  • Restaurant
  • 1
  • -
  • D B & Co
  • Unisex Apparel
  • 1
  • -
  • Jett Beauty
  • Salon/Barber/Spa
  • 1
  • -
  • Provisions Gourmet
  • Retailer
  • 1
  • -
  • Seidou Spa
  • Tanning Salon
  • 1
  • -
  • Something Safari
  • Retailer
  • 1
  • -
Tenant Description US Locations Reach
318 Restaurant Restaurant 1 -
D B & Co Unisex Apparel 1 -
Jett Beauty Salon/Barber/Spa 1 -
Provisions Gourmet Retailer 1 -
Seidou Spa Tanning Salon 1 -
Something Safari Retailer 1 -

Property Facts

Total Space Available 4,465 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 9,600 SF
Year Built/Renovated 1906/1986
Parking Ratio 3.75/1,000 SF

About the Property

This retail property offers a highly visible storefront with modern architectural appeal, designed to attract steady customer traffic. Expansive glass frontage provides excellent natural light and strong street presence, creating an inviting atmosphere for shoppers. The layout appears open and adaptable, accommodating a variety of retail concepts from boutique shops to service-oriented businesses.

  • Bus Line
  • Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Snap Fitness
CrossFit
Starbucks
Kowalski's Markets
Huntington National Bank
U.S. Bank
Wells Fargo Home Mortgage
Anytime Fitness
Milio's Sandwiches
Caribou Coffee
  • Listing ID: 40214644

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 310-340 Water St, Excelsior, MN 55331

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