111 E Grove St Caledonia, MN 55921
Estimated payment $3,396/month
Highlights
- Handicap Accessible
- Paved or Partially Paved Lot
- 1-minute walk to Pocket Park
- Caledonia Elementary School Rated A-
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,486
Lot Details
- 6,970 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 6 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 7,389 Sq Ft Home
- Basement Fills Entire Space Under The House
Accessible Home Design
- Handicap Accessible
Listing and Financial Details
- Assessor Parcel Number 210025000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,518 | $164,800 | $22,500 | $142,300 |
| 2024 | $3,312 | $173,200 | $22,500 | $150,700 |
| 2023 | $1,476 | $159,200 | $17,900 | $141,300 |
| 2022 | $1,658 | $75,600 | $18,200 | $57,400 |
| 2021 | $1,748 | $75,600 | $18,200 | $57,400 |
| 2020 | $1,488 | $83,200 | $18,200 | $65,000 |
| 2019 | $1,452 | $70,400 | $16,800 | $53,600 |
| 2018 | $1,466 | $70,400 | $16,800 | $53,600 |
| 2017 | $1,466 | $70,400 | $16,800 | $53,600 |
| 2016 | $2,234 | $70,400 | $16,800 | $53,600 |
| 2015 | $2,178 | $70,400 | $16,800 | $53,600 |
| 2014 | $2,178 | $70,400 | $16,800 | $53,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2026 05/26/26 | For Sale | $575,000 | -- | $78 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | None Available | |
| Personal Reps Deed | $80,000 | None Available |
Source: Metro MLS
MLS Number: 1964151
APN: R-21.0025.000
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