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    102 Kingston St Caledonia, MN 55921

    For Sale
    $299,000

    Historic Building, High Visibility, 14 Units

    Property size:
    12,856 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property, located at 102-120 Kingston Street South in Caledonia, Minnesota, presents a compelling investment opportunity. The 12,856 square foot building boasts a prime location at a busy intersection, ensuring high visibility and significant foot traffic for its commercial tenants. The property comprises four distinct commercial spaces, perfectly suited for a variety of businesses, and ten residential apartments, providing a diverse revenue stream. Large windows throughout the building allow abundant natural light to flood both the commercial and residential areas, creating a bright and inviting atmosphere. While some renovation is needed, the solid structure and exceptional location offer significant potential for substantial returns. The building's historic character adds to its unique appeal, making it an attractive prospect for investors seeking a revitalization project or developers looking to capitalize on the mixed-use potential. This is a rare chance to acquire a substantial property in a desirable location with the potential for significant appreciation. The property sits on a 0-acre lot and is priced at $299,000. Serious inquiries are encouraged.

    Property Features for 102 Kingston St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    12,856 SF

    Building Details

    Year Built
    1870
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Country Charms Crafts Craft Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Houston
    State
    Minnesota
    Longitude
    -91.49729
    Latitude
    43.63445

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Building, High Visibility, 14 Units
    Where is this mixed-use property located?
    The property is located at 102 Kingston St Caledonia, MN.
    What is the asking price?
    The asking price for this property is $299,000.
    (507) 424-4422
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    102 Kingston St Caledonia, MN 55921
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    Caledonia, MN 55921
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Kingston St Caledonia, MN 55921
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