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Mixed-Use Building with Event Space
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126 Adams St, Cambridge, MN 55008

An event venue, long-term tenancy, and an owner-occupied unit create a varied commercial layout.

Property SizeContact for details
Days on Market9

Property Features for 126 Adams St

General Information

Standard status Active
Property subtype OFFICE

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Office Units 4

Amenities

Party Room

Building Details

Year Built 1984
Year Renovated 2025
Buildings 1
Owner Occupied Yes
Listing Agency: Century 21 Moline Realty, Inc
Listed By: Carrie Gibbs · License #20542911
Source: Moodyscre
Added: Oct 23 Changed: Oct 30 Last Checked: Oct 30 at 3:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Moline Realty, Inc

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Investment Insights

Based on property information with market context.

Built in 1984, this four-unit mixed-use building in Cambridge includes an event venue created in 2022 with capacity for 50 guests. The north unit has housed the same tenant for more than 20 years. The south unit is occupied by the owners, who are willing to lease it back to a new owner. An unfinished lower level provides storage; conversion to leasable space would depend on applicable approvals.

Improvements include a new roof and gutters in 2024, furnace and central air conditioning in 2025, and interior paint in 2025. The property also received exterior paint, carpet, an entry door, and asphalt in 2022, along with concrete work in 2021.

Key Highlights

  • Four commercial units in a mixed‑use building
  • Event venue established in 2022 with capacity for 50 guests
  • Same tenant has occupied the north unit for more than 20 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

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

4
Office units

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An event venue, long-term tenancy, and an owner-occupied unit create a varied commercial layout.
Where is this mixed-use property located?
The property is located at 126 Adams St Cambridge, MN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four commercial units in a mixed‑use building; Event venue established in 2022 with capacity for 50 guests; Same tenant has occupied the north unit for more than 20 years
(763) 245-6431 Call to check price and availability
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