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Listed by Kelly Meyer • Keller Williams Premier Realty MN
$575,000
Est. payment /mo
7,389 SqFt
Active
111 Grove ST Caledonia, MN 55921
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3501 or more,5001 or more,2501 or more
Square Footage 7,389 sqft
Price per Sqft $77
Municipality CALEDONIA
MLS Listing ID 1964151
Year Built 1910
Annual Tax Amount $3,486
Tax Year 2026
Lot Size 6,969 Sqft
Acres 0.16
Property Description
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.
Location
State MN
County Houston
Zoning Commercial
Direction Highway 44 to Caledonia, South on Kingston, East on Grove St
Rooms
Basement Full
Interior
Heating Natural Gas
Exterior
Garage Spaces 6.0
Parking On Site 6
Roof Type Other
Total Parking Spaces 6
Building
Building Age 21+ Years
Dwelling Type Free Standing
Story 2
Sewer Municipal Sewer, Municipal Water
Structure Type Brick,Brick/Stone
New Construction N
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