For Sale: Caledonia MLS# 6789259
Active
NEW!
$649,900
Commercial: 2 Stories
Built 1910
0.16 acres
Caledonia schools
MLS# 6789259
Ask Sheila:
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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. The entire building was tastefully renovated just a few years ago, blending modern updates with the charm of a downtown historic property. Other highlights include: Great parking for tenants and customers,
Situated in a high-visibility, high-traffic area, Zoned for commercial and residential use, Upstairs units with strong Airbnb potential or long-term rental flexibility.
Whether you're an investor seeking multiple income streams or an entrepreneur looking for a live-work opportunity, this property checks all the boxes. Schedule a tour today and explore all the possibilities this unique building has to offer!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$649,900
Property Type:
Commercial
City:
Caledonia
Garage Spaces:
0
County:
Houston
Year Built:
1910
State:
MN
Property Style:
2 Stories
Zip Code:
55921
Subdivision Name:
Formerly Village
Interior
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
6
Air Conditioning:
Central Air
Foundation Size:
3,695 ft2
Handicap Accessible:
Fully Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Concrete
Unit Amenities:
- City View
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Brick/Stone
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.16
Geolocation:
43.633787, -91.496535
Inclusions:
Building, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
299
District Phone:
507-725-3389
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,144
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$3,518
Units
Total Units:
5
Miscellaneous
Current Use:
Beauty/Barber Shop
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.