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Sold for $130,000
Sold for $130,000
221 W Grove St Caledonia, MN 55921
$130,000
CLOSEDBeds
0
Baths
1
Sqft
Acres
0.17
Year
1960
Close Date
Feb 28, 2025
Property Type
Commercial Sale
Sub Type
Date Listed
Feb 6, 2025
Description of 221 W Grove St, Caledonia, MN 55921
Listing details for 221 W Grove St, Caledonia, MN 55921 : Located in downtown Caledonia, this building has been family owned for over forty years and has leased to the same long-established wholesale auto parts business for over fifty years. With a new lease locked in for the next five years with rents escalating on an annual basis, and an option to extend the lease into 2035, this is a great investment opportunity and tax shelter. Tenant is responsible for payment of all utilities, interior maintenance, snow removal, and reimbursement of property taxes to the property owner. Memorable improvements include new roof over garage in 2021 and main metal roof in 2015, and resealed front window in 2024.
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Listing Updated : 08-25-2026 at 4:45 AM CDT
Property Details
Property Overview
Listing Price
$100,000
MLS #ID
6656676
Close Price
$130,000
Close Date
Feb 28, 2025
Bedrooms
0
Bathrooms
1
Square Footage
Acres
0.17
Year
1960
Days on Site
60 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Feb 6, 2025
Location
Street Address
221 W Grove St
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From Main Street. go south on S Ramsey, take left on W Grove, store immediately on south corner.
Schools
School District
Construction / Architecture
Year Built
1960
Construction Materials
Block
Foundation
None
Roof
Metal
New Construction
No
Price per Sq Ft
$0
Lot Features
Corner Lot
Lot Size (Acres)
0.17
Lot Dimensions
60x120
Interior Details
Flooring
Concrete Slab
Window Features
Bay Window(s)
Fireplace
No
Heating
Forced Air
Cooling
Wall Unit(s)
Exterior Details
Garage
No
Parking Features
Gravel and Parking Lot
Exterior Features
Block
Fencing
None
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$2,018.00
HOA Fee Includes
None
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6656676
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Property History
DateEventPrice
2/28/2025
Sold
$130,000
Source:NorthstarMLS #NST6656676
NorthstarMLS #NST6656676 2/6/2025
Listed for sale
—
Source:NorthstarMLS #NST6656676
NorthstarMLS #NST6656676Location of 221 W Grove St, Caledonia, MN 55921
Streetview of 221 W Grove St, Caledonia, MN 55921
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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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