102 Kingston St Caledonia, MN 55921-1314
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.
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Country Charms Crafts (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.