111 Grove ST E new Save Request In-Person Tour Request Virtual Tour
Caledonia,MN 55921
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Formerly Village
MLS Listing ID 6789259
Year Built 1910
Annual Tax Amount $3,144
Tax Year 2025
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Irregular
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!
Location
State MN
County Houston
Zoning Business/Commercial
Rooms
Family Room Other
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land
Fireplace No
Exterior
Parking Features Concrete
Utilities Available Electric Separate,Heating Separate
Present Use Beauty/Barber Shop
Building
Story Two
Foundation 3695
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Caledonia