Rare opportunity to lease office or retail space in the heart of the highly sought-after historic district of Excelsior. This charming, turn-key suite features exposed brick, hardwood floors, and high ceilings, creating a warm and inviting space full of character. The flexible layout includes open workspace, a reception area, private office, kitchenette, and updated restroom, all thoughtfully designed with attention to detail in the lighting, cabinetry, and finishes. Large windows fill the space with abundant natural light, enhancing the welcoming atmosphere. The suite offers two convenient entrances, with a front entrance directly on Water Street and a rear entrance providing easy access to a municipal parking lot and ramp, offering ample guest parking. An outdoor deck adds additional flexibility and charm. Located in the walkable downtown district along the scenic shores of Lake Minnetonka, the space is surrounded by local shops, restaurants, and businesses, making it an ideal setting for office or boutique retail use.