118 Main Street S, Cambridge, MN 55008
Commercial - Cambridge, MN
- Added:
- Jan 6, 2026
- Days on Market:
- 161
- Last Refresh:
- Jun 16 at 7:06 pm
Property Features for 118 Main Street S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial
- Exterior features
- Brick/Stone
- Standard status
- Active
- APN
- 150660040
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5052
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1906
- Flooring type
- Carpet, Drainage, Tile
- Building materials
- Brick, Concrete, Frame
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing agent Michelle Nicollette Hosch (651) 757-5296
Listing office Century 21 Moline Realty Inc 202 Main St S, Cambridge, MN (763) 689-3593
Listing date Jan 6, 2026
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.
HighLights
- Turnkey restaurant opportunity: Includes building, furniture, fixtures, equipment, name, and logo.
- Well‑established business: Benefit from 42 years of success and a loyal customer base.
- Prime downtown location: Enjoy high visibility and traffic on Main Street.
- Recent improvements: New roof (2025), new carpet (2024), and new condenser (2023).
- Spacious layout: Over 2,900 sq ft with efficient commercial kitchen and seating for 88.
- Includes all furniture, fixtures, and equipment.
Overview
The restaurant is located on Main Street in downtown Cambridge, MN. The site benefits from visibility along the main commercial corridor and exposure associated with community events held throughout the year.
For an owner-operator or a buyer looking for an immediately functional restaurant setup, the current configuration supports day-to-day service with an operational kitchen and ready-to-use front-of-house dining capacity. Recent improvements provide added durability and maintenance confidence, including a new roof in 2025, new carpet in 2024, a new condenser in 2023, an on-demand water heater installed in 2020, and a new ice machine in 2018. The combination of an established restaurant operation and a complete, included equipment package is designed to reduce start-up friction for a qualified operator.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $21.00 |
| − Vacancy | −$3.7k | −$1.26 |
| EGI | $57.2k | $19.74 |
| − OpEx | −$14.3k | −$4.94 |
| NOI | $42.9k | $14.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Isanti
- State
- Minnesota
- Longitude
- -93.22396931
- Latitude
- 45.57233961
