500 Lake St, Excelsior, MN 55331 Property Records

Hennepin County property record for 500 Lake St, Excelsior, MN 55331

Property Summary

Property Type	Commercial
Details	built 2000
Lot Size	0.37 acres (16,117 sqft)
Owner	Company Name on File
Last Sale	$2,487,500 (Aug 2006)
Tax Bill	$88,550 (2025)
Deeds & Mortgages	Aug 2019 Mortgage Sep 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`35-117-23-22-0185`

Property Details

APN / Parcel Number

Primary APN	`35-117-23-22-0185`

Interior

Units	28 Units
Flooring	Carpet

Exterior

Year Built	Built 2000
Effective Year Built	Effective 2000
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	16,117 sqft (0.37 acres)
Lot Depth	105 ft Depth

Utilities, Heating & Cooling

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

Location & Zoning

Street Address	500 LAKE ST, 1
City	EXCELSIOR
State	MN
Zip	55331-2034
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 001 BLOCK 001 B 500 LAKE ADDN NE153X105X154X105
Legal Range	23
Legal Township	117
Legal Section	35
Legal Quarter	22
Legal Subdivision	500 LAKE ADDN
Legal Block	1
Legal Lot Number	1
Jurisdiction	HENNEPIN MN
Township / Civil Division	EXCELSIOR
Census Block Group	2
Census Block	2002
Census Tract	27501

Owner

500 Lake St is owned by a company that acquired it in August 2019.

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

Owner of Record	Company Name on File
Mailing Address	500 LAKE ST, EXCELSIOR, MN 55331-1975
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
Aug 30, 2019	Deed of Trust, Mortgage 21ST CENTURY BK
Sep 13, 2019	Quit Claim Deed, Mortgage 21ST CENTURY BK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 7, 2006 · Amount on File
Deed Sale	Aug 7, 2006 · Amount on File
Deed Document Number	2006933205
Last Transfer Date	Aug 28, 2019
Transfer Doc	0010701378
Record Updated	Oct 29, 2026

August 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	HENNEPIN MN
Property Address	500 LAKE ST, EXCELSIOR, MN 55331-1975
Document Number	0005643939
Instrument Date	Aug 30, 2019
Transaction Type	Mortgage
Record Updated	Sep 24, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	500 LAKE ST #1 EXCELSIOR MN 553312034, 1, EXCELSIOR, MN 55331-2034

Mortgage

Document Number	0005643939
Date	Sep 11, 2019
Instrument	5643939

Lender

Name	21ST CENTURY BK
Type	Bank
Address	17 WASHINGTON AVE N, MINNEAPOLIS, MN 55401-2093

Agreement

Amount	Amount on Record
Term	360 Months
Due	Sep 10, 2049

September 2019: Quit Claim Deed, Mortgage

Document Type	Quit Claim Deed
Jurisdiction	HENNEPIN MN
Recording Date	Sep 13, 2019
Property Address	500 LAKE ST, EXCELSIOR, MN 55331-1975
Document Number	0010701378
Instrument Date	Aug 28, 2019
Instrument	10701378
Transaction Type	Mortgage
Record Updated	Sep 25, 2019
Title Company	LAND TITLE CORPORATION, LAND TITLE INC

Transaction

Amount	Amount on Record
Tax	$1.70
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	500 LAKE ST EXCELSIOR MN 553311975, EXCELSIOR, MN 55331-1975

Mortgage

Document Number	10701379
Date	Sep 13, 2019
Instrument	10701379

Lender

Name	21ST CENTURY BK
Type	Bank
Address	17 WASHINGTON AVE N, MINNEAPOLIS, MN 55401-2093

Agreement

Amount	Amount on Record
Term	360 Months
Due	Sep 12, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 500 Lake St was $88,550.

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	$88,550.00	$3,000,000 Land $1,290,000 Building $1,710,000	$3,000,000 Land $1,290,000 Building $1,710,000
2023	$60,545.00
2022		$2,047,000 Land $1,290,000 Building $757,000	$2,047,000 Land $1,290,000 Building $757,000

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

Flood

FEMA maps place 500 Lake St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

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
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
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 500 Lake 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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