111 Grove Street E, Caledonia, MN 55921

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

TotalTaxes
$3,486
Parking
Paved Lot
Basement
Full
Exterior
Brick, Brick/Stone
Roof
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

Copyright 2026 WIREX Multiple Listing Service. All rights reserved. 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. All information is deemed reliable, but not guaranteed. Information is supplied by seller and other third parties and has not been verified.