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Mixed-Use Building with Event Space
New
For Sale
$400,000

126 Adams Street S, Cambridge, MN 55008

Commercial Sale, Cambridge, MN

Property SizeContact for details
Lot Size0.14 Acres
Days on Market3

Property Features for 126 Adams Street S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot, Driveway
Accessibility Accessible Approach with Ramp
Subdivision Rasks Add
High school district Cambridge-Isanti
Directions Hwy 95 to south on Adams St S
Standard status Active
APN 150720040
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7902

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1984
Buildings 1
Listing Agency: Century 21 Moline Realty Inc · Century 21 Real Estate
Listed By: Carrie L Gibbs
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 25 at 8:06AM
MLS# 7158756

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.

Built in 1984, this four-unit mixed-use building includes an event venue established in 2022 with capacity for up to 50 guests. The north unit has housed the same tenant for over two decades. The owner-occupied south unit could remain leased back to the current owners. An unfinished basement provides storage, with possible future leasing use subject to approvals. The property sits on a 0.143-acre lot and has forced-air heat, central air conditioning, a parking lot, a driveway, and a ramped accessible approach.

Recent work includes concrete improvements in 2021; carpet, exterior paint, an entry door, and asphalt in 2022; a roof and gutters in 2024; and a furnace, central air conditioning, and interior paint in 2025. The property is at 126 Adams Street S in Cambridge, Minnesota.

Key Highlights

  • Four‑unit mixed‑use building on a 0.143‑acre lot
  • Event venue created in 2022 accommodates up to 50 guests
  • North unit has had the same tenant for over 20 years

Property Analytics

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

Current Use

Mixed-use properties

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

Multi-tenant
Tenancy

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four commercial units include a gathering venue and a tenant with over two decades in place.
Where is this mixed-use property located?
The property is located at 126 Adams Street S 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‑unit mixed‑use building on a 0.143‑acre lot; Event venue created in 2022 accommodates up to 50 guests; North unit has had the same tenant for over 20 years
More about this property
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