Property
$595,0000.16 Acres
For Sale
For Sale
$595,0000.16 Acres
For Sale

111 Grove Street E, Caledonia, MN 55921 - Houston County

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Property ID 24764868

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Commercial - Caledonia, MN

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!

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Environmental Factors

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Source:First Street
Listing provided by
Source: ListHub, MLS# 6789259
Listing status: Active
Listing last updated: January 30, 2026 at 3:39 PM
Listing last checked: February 16, 2026 at 2:30 PM
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