102 Kingston StCaledonia, MN 55921

This exceptional mixed-use investment opportunity in Caledonia, Minnesota, presents a portfolio of two properties totaling 13,392 square feet. The main property, located at 102-120 S Kingston St, sits in the heart of Caledonia's Central Business District. This two-story building, constructed in 1890, features four retail spaces, two of which are occupied by long-term tenants, and ten apartments above. A second building, a five-unit apartment complex at 124 E Lincoln St, is situated just 0.1 miles away, directly across from Gazebo Park. The entire portfolio comprises 14 units. The 0.314-acre lot offers significant potential. The asking price is $449,000, translating to $33.53 per square foot. The properties benefit from various financial incentives, including an EDA Revolving Loan Fund, Commercial Rehabilitation Loan (for facade improvements), tax abatements, and Tax Increment Financing. The proximity to major employers like Mayo Clinic, John Deere, and Kwik Trip, along with Caledonia's close proximity to La Crosse, Wisconsin (25 minutes away), ensures strong rental demand and potential for future growth. This is a rare opportunity to acquire a well-positioned, income-generating portfolio in a thriving community.