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$575,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 7,389 Sq. Ft.
  • 0.16 Acres
  • Updated 5 days ago
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Turnkey Commercial Property in the Heart of Downtown - Endless Income Potential! Don't miss this incredible opportunity to own a fully renovated, mixed-use commercial building located in the vibrant heart of downtown. This beautifully updated property features three rentable units, complete with a laundry area and a relaxation space--perfect for long-term tenants or short-term rental potential like Airbnb. The main floor is home to a thriving full-service salon, which will remain in operation as part of the sale. The salon's lease is a requirement for purchase and an immediate source of steady rental income. An additional fully finished space offers flexibility for a wide range of uses--envision it as an event venue, boutique retail shop, office, or creative studio.

Full Property Details for 111 E Grove St

General

  • Price: $575,000
  • Taxes: $3,486 (2026)
  • Status: Active
  • Type: Retail
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1964151
  • Updated: 5/27/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Other Features: Handicap Access, Living Space Available, Other

Parking

  • Total Spaces: 6

Location

  • Municipality: City
  • County: Houston
  • Driving Directions: Highway 44 to Caledonia, South on Kingston, East on Grove St
  • Dist. to Freeway: Less than 1 Mile
  • Location Details: Freestanding

Heating & Cooling

  • Heating/Cooling: Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Structure Type: Office(s), Professional Service, Retail
  • Exterior Const.: Brick
  • Basement Desc.: Full
  • Roof: Other
  • Ceiling Height: 8 to 10 Feet
  • Drive-In Clearance: No Truck Door
  • Stories Description: 2
  • Square Feet: 7,389
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.16
  • Frontage: Paved Lot, Paved Road, Town/City Road
  • Zoning: Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $3,486
  • Tax Year: 2026

Listed by Keller Williams Premier Realty MN

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— 111 E Grove St —

  • Keller Williams Premier Realty MN

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 111 E Grove St

School District:Caledonia Public School District
NameGradesDistance
Caledonia Elementary School
511 West Main Street, Caledonia, MN 55921
PK-50.3 mi
Caledonia Middle School
825 North Warrior Avenue, Caledonia, MN 55921
6-80.8 mi
Caledonia Senior High School
825 North Warrior Avenue, Caledonia, MN 55921
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 E Grove St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Listed
$575,000
576.47%
MLS
12/03/2021
Sold
$85,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 E Grove St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,518
6%
$164,800
-5%
2023
$3,312
124%
$173,200
9%
2023
$1,476
-11%
$159,200
111%
2022
$1,658
-5%
$75,600
—
2021
$1,748
17%
$75,600
-9%
2020
$1,488
2%
$83,200
18%
2019
$1,452
-1%
$70,400
—
2018
$1,466
—
$70,400
—
2017
$1,466
100%
$70,400
—
2014
—
$70,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Premier Realty MN

111 Grove St, Caledonia, MN 55921 (MLS# 1964151) is a Retail property. 111 Grove St is currently listed for $575,000 and was received on May 26, 2026. Want to learn more about 111 Grove St? Do you have questions about finding other Retail real estate for sale in Caledonia? You can browse all Caledonia real estate or contact a Coldwell Banker agent to request more information.

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