111 Grove St E, Caledonia, MN 55921

$575,000
7,389
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Keller Williams Premier Realty MN.

List Price
$575,000
MLS#
1964151
Status
ACTIVE
Year Built
1910
County
Houston
Municipality
Caledonia
TotalSqFt
7,389
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.

Additional Information

Total Taxes
$3,486
Basement
Full
Exterior
Brick
Roofing
Other
Courtesy Of
Keller Williams Premier Realty MN

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Source of listing data: Metro MLS. Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.