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Restaurant with Commercial Kitchen
For Sale
$699,000

118 Main Street S, Cambridge, MN 55008

Commercial Sale, Cambridge, MN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market263

Property Features for 118 Main Street S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features On Street
Exterior features Brick/Stone
Subdivision Nesbitt & Woodmans Add
High school district Cambridge-Isanti
Directions Hwy 65 North to Hwy 95 exit. Turn left onto Hwy 95. Take 95 to Main street. Turn left onto Main street. Cafe will be on your left.
Standard status Active
APN 150660040
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5476

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1906
Building materials Brick, Concrete, Frame
Roof type Flat, Rubber
Listing Agency: Century 21 Moline Realty Inc · Century 21 Real Estate
Listed By: Michelle Nicollette Hosch
Added: Jan 6 Changed: Sep 24 Last Checked: Sep 26 at 2:06AM
MLS# 6792027

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

People's Cafe is a restaurant property at 118 Main Street S in Cambridge, Minnesota, with more than 2,900 square feet arranged for food service. The layout includes a commercial kitchen, dining room seating for up to 88 patrons, and organized back-of-house areas. The sale includes the building, furniture, fixtures, equipment, supplies, small wares, and the People's Cafe name and logo. Equipment includes tables, chairs, kitchen equipment, a True under-counter cooler, Coldline ice cream cooler, and Supera upright cooler.

The brick, concrete, and frame building was constructed in 1906 and has a flat rubber roof, forced-air heating, central air, and on-street parking. Positioned on Main Street in downtown Cambridge, the property benefits from auto and pedestrian traffic and additional exposure during community events. Recent improvements include a roof installed in 2025, carpet added in 2024, a condenser replaced in 2023, an on-demand water heater installed in 2020, and an ice machine added in 2018.

Key Highlights

  • More than 2,900 square feet with dining capacity for up to 88 patrons
  • Sale includes building, furniture, fixtures, equipment, supplies, small wares, and the People's Cafe name and logo
  • Commercial kitchen, dining room, and back‑of‑house areas support restaurant operations

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Skin Care Clinic Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 34%
McDonald's Dining
25,317 visits/mo 0.5 miles
Pizza Ranch Dining
10,038 visits/mo 0.4 miles
Holiday Station Store Shops & Services
9,149 visits/mo 0.5 miles
Casey's Shops & Services
7,805 visits/mo 0.1 miles
Taco John's Dining
7,383 visits/mo 0.1 miles

Demographics for 55008, MN

16,514
Population
6,851
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
100.4 sq mi
ZIP Area
164
Density / Sq Mi
$83,209
Median Household Income
$47,992
Median Earnings
$1,255
Median Rent
$267,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established cafe property with dining space, included equipment, and recent building-system improvements.
Where is this conventional restaurant located?
The property is located at 118 Main Street S Cambridge, MN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: More than 2,900 square feet with dining capacity for up to 88 patrons; Sale includes building, furniture, fixtures, equipment, supplies, small wares, and the People's Cafe name and logo; Commercial kitchen, dining room, and back‑of‑house areas support restaurant operations
More about this property
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