348 2nd St, Excelsior, MN 55331 Property Records

Hennepin County property record for 348 2nd St, Excelsior, MN 55331 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1995
Lot Size11,761 sqft (0.27 acres)
Tax Bill$51,365.00 (2025)

Property Details

APN / Parcel Number

Primary APN34-117-23-11-0137

Interior

Primary FlooringWood Flooring

Exterior

Year BuiltBuilt 1960
Effective Year BuiltEffective 1995
Construction TypeMasonry/Concrete Masonry Units (CMUs) Construction
Fire Resistance ClassBuildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame.
Lot Area11,761 sqft (0.27 acres)
Depth X Width122 ft x 88 ft Depth x Width

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemHVAC Heating

Location & Zoning

Street Address348 2ND ST
CityEXCELSIOR
StateMN
Zip55331-1830
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOT 031 A EXCELSIOR SELY 88 FT OF NWLY 138 FT OF NELY 122.5 FT OF LOT 31 88 X 122.5
Legal Range23
Legal Township117
Legal Section34
Legal Quarter11
Legal SubdivisionEXCELSIOR
Legal Block2
Legal Lot Number31
JurisdictionHENNEPIN MN
Minor Civil DivisionEXCELSIOR
Census Blockgroup2
Census Block2019
Census Tract27501

Owner

Source: Hennepin County records · APN 34-117-23-11-0137

Assessment roll updated June 23, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address348 2ND ST, EXCELSIOR, MN 55331-1830
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Nov 07, 2023Deed of Trust, Mortgage · Line of Credit
GATEWAY BANK FSB
Nov 06, 2023Deed of Trust, Mortgage · Line of Credit
GATEWAY BANK FSB
Jun 15, 2023Intrafamily Transfer, Transfer
Jun 15, 2023Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last Transfer DateJun 14, 2023
Transfer Doc00T6018357
Record RefreshedSep 20, 2026

November 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address348 2ND ST, EXCELSIOR, MN 55331-1830
Transaction TypeMortgage
Record UpdatedNov 20, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address348 2ND ST, EXCELSIOR, MN 55331-1830

Mortgage

Document Number0A11243992
DateNov 07, 2023
InstrumentA11243992
Lender
NameGATEWAY BANK FSB
TypeBank
AddressSAINT PAUL, MN 55118
Agreement
TypeLine of Credit
AmountAmount Recorded
Term11 Months
DueOct 27, 2024
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

November 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionHENNEPIN MN
Property Address348 2ND ST, EXCELSIOR, MN 55331-1830
Transaction TypeMortgage
Record UpdatedNov 16, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number00T6045297
DateNov 06, 2023
InstrumentT6045297
Lender
NameGATEWAY BANK FSB
TypeBank
AddressSAINT PAUL, MN 55118
Agreement
TypeLine of Credit
AmountAmount Recorded
Term11 Months
DueOct 27, 2024
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

June 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionHENNEPIN MN
Recording DateJun 15, 2023
Property Address348 2ND ST, EXCELSIOR, MN 55331-1830
Document Number00T6018357
Instrument DateJun 14, 2023
InstrumentT6018357
Transaction TypeTransfer
Record UpdatedJun 23, 2023

Transaction

Tax$0.00
Amount AccuracyZero or No Consideration Stated
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address348 2ND ST, EXCELSIOR, MN 55331-1830

June 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionHENNEPIN MN
Recording DateJun 15, 2023
Property Address348 2ND ST, EXCELSIOR, MN 55331-1830
Document Number0A11208064
Instrument DateJun 14, 2023
InstrumentA11208064
Transaction TypeTransfer
Record UpdatedJun 23, 2023

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Interfamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address348 2ND ST, EXCELSIOR, MN 55331-1830

Tax Assessment & Valuation

Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityExcelsior City
Unified School DistrictMinnetonka Public School District (PK - 12)

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$51,365.00 (+17.11%)$1,715,000 (+13.13%) Land $432,000 Building $1,283,000$1,715,000 (+13.13%) Land $432,000 Building $1,283,000
2024$43,860.00 (+10.2%)$1,516,000 (+15.46%) Land $432,000 Building $1,084,000$1,516,000 (+15.46%) Land $432,000 Building $1,084,000
2023$39,800.00
2022$1,313,000 Land $432,000 Building $881,000$1,313,000 Land $432,000 Building $881,000

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