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Remodeled Mixed-Use Building
For Sale
$495,000

115 E Main St, Caledonia, MN 55921

Main-level commercial rooms pair with an upstairs apartment and garage.

Property SizeContact for details
Days on Market270

Property Features for 115 E Main St

General Information

Standard status Active
Total Parking Spaces 1

Taxes and HOA fees

Annual Taxes $3,222

Building Details

Stories 2
Listing Agency: Edina Realty, Inc.
Listed By: Pete Peterson
Source: Exprealty
Added: Dec 9, 2025 Changed: Sep 2 Last Checked: Sep 4 at 1:36PM

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 Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This remodeled mixed-use building combines commercial and residential components within a single structure. The main level contains two large rooms, including a notable stone wall that adds a distinctive interior feature. An apartment occupies the upper floor and has been renovated, with access provided by an exterior staircase. The property also includes a large garage designed for one vehicle.

The building is located at 115 E Main St in Caledonia, Minnesota. Its recent use as an art gallery establishes a documented commercial application, while the separate upper-level apartment provides an additional residential component. The layout supports continued consideration of the existing configuration without assigning uses beyond the features identified.

Key Highlights

  • Two large rooms occupy the main level
  • Upper‑level apartment has been remodeled and includes exterior stair access
  • Large one‑car garage included

Property Analytics

Current Use

The Caledonia Gallery Art Gallery

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Kwik Trip Shops & Services
16,607 visits/mo 0.4 miles
Dollar General Shops & Services
4,908 visits/mo 0.4 miles
Sinclair Shops & Services
2,275 visits/mo 0.5 miles
SUBWAY Dining
1,761 visits/mo 0.3 miles
BMO Harris Bank Shops & Services
1,000 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level commercial rooms pair with an upstairs apartment and garage.
Where is this mixed-use property located?
The property is located at 115 E Main St Caledonia, MN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two large rooms occupy the main level; Upper‑level apartment has been remodeled and includes exterior stair access; Large one‑car garage included
More about this property
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