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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 Market288

Property Features for 118 Main Street S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features On Street
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: Oct 16 Last Checked: Oct 21 at 5:06PM
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.

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Investment Insights

Based on property information with market context.

People's Cafe is a restaurant property with more than 2,900 square feet, including a commercial kitchen, dining room, and back-of-house areas. The sale encompasses the building, furniture, fixtures, equipment, supplies, small wares, and the cafe name and logo. The property dates to 1906 and occupies a 0.078-acre lot. On-street parking is available.

The restaurant has operated on Main Street for 42 years. Building and equipment updates include a roof replacement in 2025, new carpet in 2024, a condenser installed in 2023, an on-demand water heater added in 2020, and an ice machine installed in 2018. Heating is forced air, and cooling is central air.

Key Highlights

  • Restaurant space exceeds 2,900 square feet
  • Dining room seating for up to 88
  • Sale includes building, furniture, fixtures, equipment, supplies, small wares, and the People's Cafe name and logo

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The dining room accommodates up to 88 guests, with furniture, fixtures, and equipment included in the sale.
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: Restaurant space exceeds 2,900 square feet; Dining room seating for up to 88; Sale includes building, furniture, fixtures, equipment, supplies, small wares, and the People's Cafe name and logo
More about this property
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