111 Grove E Street, Caledonia, Minnesota 55921

MN, Caledonia
$595,000
  • Commercial Sale Property Type
  • 1910 Year Built
  • Active Status
See All 48 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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. 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!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6789259
  • Price: $595,000
  • Year Built: 1910
  • Listing Status: Active
  • Office Name: Keller Williams Premier Realty
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full
  • Parking Concrete
  • Utilities Electric Separate,Heating Separate
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Houston
  • City Caledonia
  • Zipcode 55921
  • Street: Grove
  • Street Number: 111
  • Street Suffix: Street
  • Directions: Highway 44 to Caledonia, South on Kingston St, East on Grove St
  • Street Dir Suffix: E
Neighborhood
  • High School District: Caledonia
MLS Addon
  • Office Name: Keller Williams Premier Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Fully Wheelchair
  • Building Size: 7389
  • Current Use: Beauty/Barber Shop
  • Levels: Two
  • Lot Size Dimensions: Irregular
  • Number Of Units Total: 5
  • Possible Use: Office,Other,Professional Service,Rest/Lounge,Retail,Diversified
Financial
  • Tax Annual Amount: 3144
Listing Information
  • List Agent Mls Id: 503502905
  • List Office Mls Id: 26717
  • Modification Timestamp: 2025-12-15T22:55:05Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$