Mixed-Use Building with
For Sale
$575,000
111 Grove Street E, Caledonia, MN 55921
Commercial Sale, Caledonia, MN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market142
Property Features for 111 Grove Street E
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Business/Commercial
Rooms
Basement
Parking features
Driveway
Accessibility
Accessible Approach with Ramp
Subdivision
Formerly Village
High school district
Caledonia
Directions
Highway 44 to Caledonia, South on Kingston St, East on Grove St
Standard status
Active
APN
R210025000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3112
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1910
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(507) 424-4422
Listed By:
Kelly Meyer · License #40056844
(507) 450-9395
Added: May 21
Changed: Oct 8
Last Checked: Oct 9 at 6:06PM
MLS# 7079298
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.
Investment Insights
Based on property information with market context.
This mixed-use property contains three rentable units, including a full-service salon that will continue operating under a lease required as part of the purchase. An additional finished area adds another component to the building, which also has a laundry area and a relaxation space. The property was renovated several years ago. Heating is forced air, cooling is central air, and driveway parking is available. An accessible approach with a ramp is present.
The building dates to 1910 and occupies a 0.16-acre site in Caledonia. The property is described as zoned for commercial and residential use.
The building dates to 1910 and occupies a 0.16-acre site in Caledonia. The property is described as zoned for commercial and residential use.
Key Highlights
- Three rentable units, including a full‑service salon with a lease required for purchase
- Additional finished area, laundry space, and relaxation area
- 0.16‑acre site in Caledonia
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Home Improvements & Furnishings 26%
Dining 24%
Sinclair
Shops & Services
2,275 visits/mo
0.4 miles
Caledonia True Value
Home Improvements & Furnishings
1,934 visits/mo
0.5 miles
SUBWAY
Dining
1,761 visits/mo
0.4 miles
BMO Harris Bank
Shops & Services
1,000 visits/mo
0.1 miles
Carquest Auto Parts
Shops & Services
493 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three rentable units include an operating salon, an additional finished area, and shared laundry and relaxation space.
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: Three rentable units, including a full‑service salon with a lease required for purchase; Additional finished area, laundry space, and relaxation area; 0.16‑acre site in Caledonia
