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111 Grove Street E
Caledonia MN 55921 US

$649,900

Active Listing ID 6789259
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Lot: 0.16 Acres
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$649,900

Active Listing ID 6789259
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111 Grove Street E 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!

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Brick/Stone
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 649900
  • unparsedaddress: 111 Grove Street E
  • postalcity: Caledonia
  • stateorprovince: MN
  • country: US
  • postalcode: 55921
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 43.633787
  • longitude: -91.496535
  • listagentfullname: Kelly Meyer
  • listagentemail: kellymeyer@kw.com
  • listagentkey: 3yd-RMLSMN-503502905
  • listagentmlsid: 503502905
  • listagentpreferredphone: 5074509395
  • listagentofficephone: 5074244422
  • listofficekey: 3yd-RMLSMN-26717
  • listofficemlsid: 26717
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1910
  • listingcontractdate: 2025-09-15
  • listagenturl: http://www.kwprrochester.com
  • countyorparish: Houston
  • parcelnumber: R210025000
  • cooling: Central Air
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -91.49654, 43.633785
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Premier Realty Rochester", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kellymeyer@kw.com", "ListBrokerageCity":"Rochester", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw521@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/157/387164/20181204215752518.png", "ListBrokerageName":"Keller Williams Premier Realty Rochester", "ListBrokeragePhone":"(507) 424-4422", "ListBrokeragePostalCode":"55901", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2765 Commerce DR NW", "ListBrokerageWebsiteUrl":"http://www.kwprrochester.com", "ListOfficeAddress1":"2765 Commerce Dr NW. Suite 100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Rochester", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw521@kw.com", "ListOfficePostalCode":"55901", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Caledonia, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6789259/?channel=rexren", "MLSModificationTimestamp":"2025-09-15T18:03:19Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3144, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/16/2025 2:33:21 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Kelly Meyer, Keller Williams Premier Realty, kellymeyer@kw.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.