Mixed-Use Office and
For Sale
$575,000
111 Grove Street E, Caledonia, MN 55921
For sale mixed-use property with office and retail space, offering flexible options for owner-occupants or tenants.
Property Size2,491 SF
Price / SF$230.83
Days on Market97
Property Features for 111 Grove Street E
General Information
Standard status
Active
Size
2,491 SF
Property subtype
Commercial
Zoning
Business/Commercial
Taxes and HOA fees
Annual Taxes
$3,111
Building Details
Year Built
1910
Stories
2
Units
5
Listing Agency:
Keller Williams Premier Realty
(507) 450-9395
Listed By:
Kelly Meyer · License #40056844
(507) 450-9395
Source:
Ivyrealestategroup
Added: May 21
Changed: Aug 23
Last Checked: Aug 25 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Premier Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines office and retail space, suited for businesses that need both client-facing frontage and dedicated work areas. The offering includes 2,491 SF of total building space, presented for purchase as a single asset.
The property is located at 111 E Grove St in Caledonia, MN. It is being offered for sale and was most recently noted on 12/08/2021.
From an operator standpoint, the mix of office and retail space can support a range of uses where administrative space and public-facing operations belong under one ownership. For prospective tenants, an ownership structure can also be appealing when coordinating buildouts or updates to align with their business needs. For investors and owner-occupants, the mixed-use configuration provides a straightforward framework for managing different functional areas within the same property.
The property is located at 111 E Grove St in Caledonia, MN. It is being offered for sale and was most recently noted on 12/08/2021.
From an operator standpoint, the mix of office and retail space can support a range of uses where administrative space and public-facing operations belong under one ownership. For prospective tenants, an ownership structure can also be appealing when coordinating buildouts or updates to align with their business needs. For investors and owner-occupants, the mixed-use configuration provides a straightforward framework for managing different functional areas within the same property.
Key Highlights
- Year built 1910
- Mixed‑use building with office and retail space
- 12/08/2021 listed as a 2,491 SF offering
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 55921, MN
4,808
Population
2,278
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
94%
High-School Grad
175.2 sq mi
ZIP Area
27
Density / Sq Mi
$76,679
Median Household Income
$49,276
Median Earnings
$825
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - For sale mixed-use property with office and retail space, offering flexible options for owner-occupants or tenants.
Where is this mixed-use property located?
The property is located at 111 Grove Street E Caledonia, MN.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Year built 1910; Mixed‑use building with office and retail space; 12/08/2021 listed as a 2,491 SF offering
