$575,000
MLS #: 1964151

Description of 111 Grove St E, Caledonia, MN 55921

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.

Property Features of 111 Grove St E, Caledonia, MN 55921

Listing courtesy of: Keller Williams Premier Realty MN
TYPE
Industrial
Year Built
1910
Annual Taxes
$3,486.00
Acres
.16
Features
Brick exterior
Lot acreage is: 0.16
Lot sqft: 6969.6
Lot zoned: Commercial
Road frontage: City Street
Handicap access
Full basement
Public sewer
Public water
For sale
Tax year: 2026

Homes for Sale Nearby 111 Grove St E, Caledonia, MN 55921

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