234 Water St, Excelsior, MN 55331 Property Records

Hennepin County property record for 234 Water St, Excelsior, MN 55331

Property Summary

Property Type	Commercial
Details	built 1900
Lot Size	0.17 acres (7,405 sqft)
Owner	Company Name on File
Last Sale	$1,300,000 (Aug 2019)
Tax Bill	$71,920 (2025)
Deeds & Mortgages	Jun 2020 Loan Modification Aug 2019 Sale & Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`34-117-23-11-0065`

Property Details

APN / Parcel Number

Primary APN	`34-117-23-11-0065`

Interior

Units	9 Units

Exterior

Year Built	Built 1900
Effective Year Built	Effective 2010
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	7,405 sqft (0.17 acres)
Lot Dimensions	145 ft deep x 46 ft wide

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Heating Fuel	Electric

Location & Zoning

Street Address	234 WATER ST
City	EXCELSIOR
State	MN
Zip	55331-1860
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 035 B AUDITORS SUBD. NO. 135 EX ROAD 46 X 145
Legal Range	23
Legal Township	117
Legal Section	34
Legal Quarter	11
Legal Subdivision	AUDITORS SUBD. NO. 135
Legal Block	2
Legal Lot Number	35
Jurisdiction	HENNEPIN MN
Township / Civil Division	EXCELSIOR
Census Block Group	2
Census Block	2018
Census Tract	27501

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Excelsior Commercial Historic District listed 2021 · 32 contributing resources · NRIS 100007070

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

234 Water St, a commercial property, is owned by a company that bought it in August 2019.

Source: Hennepin County records, as of June 23, 2026

Owner of Record	Company Name on File
Mailing Address	234 WATER ST, EXCELSIOR, MN 55331-1860
Owner Type	Company
Vesting	Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 5, 2020	Loan Modification, Mortgage SUNRISE BK
Aug 26, 2019	Warranty Deed, Construction Loan · Construction Mortgage SUNRISE BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 26, 2019 · Amount on File
Deed Sale	Aug 26, 2019 · Amount on File
Deed Document Number	201910693572
Record Updated	Sep 20, 2026

June 2020: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	HENNEPIN MN
Property Address	234 WATER ST, EXCELSIOR, MN 55331-1860
Document Number	0010807501
Instrument Date	Jun 5, 2020
Transaction Type	Mortgage
Record Updated	Jul 31, 2020
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	234 WATER ST EXCELSIOR MN 553311860, EXCELSIOR, MN 55331-1860

Mortgage

Document Number	0010807501
Date	Jul 6, 2020
Instrument	10807501

Lender

Name	SUNRISE BK
Type	Bank
Address	MINNEAPOLIS, MN 55401

Agreement

Amount	Amount on Record

August 2019: Warranty Deed, Construction Loan

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Aug 26, 2019
Property Address	234 WATER ST, EXCELSIOR, MN 55331-1860
Document Number	0A10693572
Instrument Date	Aug 23, 2019
Instrument	A10693572
Transaction Type	Construction Loan
Record Updated	May 15, 2023
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,290.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2500 COUNTY ROAD 30 SE, DELANO, MN 55328-8021

Mortgage

Document Number	0A10693573
Date	Aug 26, 2019
Instrument	A10693573

Lender

Name	SUNRISE BANK
Type	Bank

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	120 Months
Due	Aug 23, 2029

Tax Assessment & Valuation

The 2025 property tax bill for 234 Water St was $71,920.

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Excelsior City
Unified School District	Minnetonka Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$71,920.00	$2,410,000 Land $568,000 Building $1,842,000	$2,410,000 Land $568,000 Building $1,842,000
2023	$65,605.00
2022		$2,070,000 Land $568,000 Building $1,502,000	$2,070,000 Land $568,000 Building $1,502,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 234 Water St in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1987.

Source: FEMA National Flood Hazard Layer, effective December 25, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	2 (1987–2014)
Claims Outside the SFHA	1 of 2
Most Recent Claim	May 2014 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 234 Water St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Excelsior serves 2,483 people · EPA ID MN1270012
Water Source	Groundwater
Last State Inspection	Dec 2024
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 271 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: CenturyLink, Metronet.

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