111 Grove Street E,Caledonia, MN 55921
Caledonia, MN 55921
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 spaceperfect 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 usesenvision 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!
Details
| MLS # | 7079298 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 91 |
| Listing Provided By | Keller Williams Premier Realty | Kelly Meyer |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Zoning | Business/Commercial |
| Acreage | 0.16 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
Parking
| Parking Features | Concrete |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate |
|---|
Taxes
| Property | 3111 |
|---|
Area Information
| State | MN |
|---|---|
| County | Houston |
| City | Caledonia |
| Zip Code | 55921 |
| Community Name | Formerly Village |
| School District | 299 |
| High School | Caledonia |
| Listing VS Median (in Formerly Village) | |
Price: $575,000 low | high Med: $0 On site: 91 low | high Med: | |
Market Activity 55921
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 25, 2026 at 2:37:20 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Houston |
| City | Caledonia |
| Zip Code | 55921 |
| Community Name | Formerly Village |
| School District | 299 |
| High School | Caledonia |
| Listing VS Median (in Formerly Village) | |
Price: $575,000 low | high Med: $0 On site: 91 low | high Med: | |
Listings courtesy of Northstar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
