111 Grove Street E Caledonia, MN $ 575,000
111 Grove Street E
$ 575,000
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111 Grove Street E

Caledonia, MN, 55921
$ 575,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,971

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Commercial Property for sale in Caledonia, MN

for $575,000. This building was built in 1910 on a lot size of 0.16.

Turnkey Commercial Property in the Heart of Downtown – Endless Income Potential! Don’t miss this incredible opportunity to own a fully renovated, mixed-use commercial building located in the vibrant heart of downtown. This beautifully updated property features three rentable units, complete with a laundry area and a relaxation space—perfect for long-term tenants or short-term rental potential like Airbnb. The main floor is home to a thriving full-service salon, which will remain in operation as part of the sale. The salon’s lease is a requirement for purchase and an immediate source of steady rental income. An additional fully finished space offers flexibility for a wide range of uses—envision it as an event venue, boutique retail shop, office, or creative studio. The entire building was tastefully renovated just a few years ago, blending modern updates with the charm of a downtown historic property. Other highlights include: Great parking for tenants and customers, Situated in a high-visibility, high-traffic area, Zoned for commercial and residential use, Upstairs units with strong Airbnb potential or long-term rental flexibility. Whether you're an investor seeking multiple income streams or an entrepreneur looking for a live-work opportunity, this property checks all the boxes. Schedule a tour today and explore all the possibilities this unique building has to offer!

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 3,111

Style

Lot Size

0.16

Year Built

1910

Town/City

Caledonia

County/Region

Houston

MLS | Web ID

7079298

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate
Garage Spaces 0
Year Built 1910
Levels Two
Tax Year 2026
Current Use Beauty/Barber Shop
Accessibility Fully Wheelchair
County Houston
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Formerly Village
Directions Highway 44 to Caledonia South on Kingston St East on Grove St
City Caledonia
High School District Caledonia
Zoning Description Business/Commercial
Number Of Units Total 5
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3111.51
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit City View Washer/Dryer Hookup
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Interior
Basement Full
Basement (Y/N) Y
Fuel Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Concrete
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.16
Lot Dimensions Irregular
Waterfront Y/N N
Foundation Area 3695
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Keller Williams Premier Realty

Broker

kellymeyer@kw.com

Email

Affordability Calculator

$4,231
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048800 Elementary School
3048492 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$575,000 Listed Price

Map


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111 Grove Street E, Caledonia, MN, 55921 is a Commercial Property for sale at $575,000 with a lot size of 0.16. 111 Grove Street E was built in 1910. The property's zip code is 55921 which is in Caledonia, MN