118 Main Street S, Cambridge, MN 55008 (MLS# 6792027)

118 Main Street S, Cambridge, MN 55008

$699,000
Property Type: Commercial Square Footage: 2,990 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $699,000 List Date: 1/06/2026 Last Modified: 9/03/2026

Overview

Description

This is a rare opportunity to own People’s Cafe, a well-established and highly regarded restaurant located in the heart of downtown Cambridge. Operating successfully for 42 years on Main Street, this thriving business is a true local favorite, benefiting from steady auto and foot traffic and a loyal, repeat customer base. The property offers over 2,900 square feet of well-designed, functional space, including an efficient commercial kitchen, a welcoming dining area with seating for up to 88 patrons, and a well-organized back-of-house areas. The sale includes the building, all furniture, fixtures, and equipment—including tables, chairs, kitchen equipment, supplies, and basic small wares—along with the People’s Cafe name and logo, making this a turnkey opportunity. Significant recent improvements add value and peace of mind, including a new roof (2025), new carpet (2024), new condenser (2023), on-demand water heater (2020), and a new ice machine (2018). (2026) True-under the coun ...

Listing Details MLS# 6792027

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1906
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2990
Power Company
East Central Energy
For Sale or Lease
For Sale
Acres
0.07
Lot Dimensions
27x125
Assessment Pending
No

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal Air Conditioning: Central Air Appliances: None Assumable Loan: Not Assumable Basement: None CMU Style: Business Opportunity Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Other; Oven; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Materials: Brick; Concrete; Frame Construction Status: Previously Owned Current Use: Restaurant Exterior: Brick/Stone Fencing: None Flooring: Carpet; Floor Drains; Tile Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: None Miscellaneous Information: 2+ Lavatories; Building Sign; Delivery Door; Exterior Lighting; Kitchen Facilities On Site Utilities: Electric Common; Heating Common; Hot Water Common Pool Description: None Road Frontage: City Street; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat; Rubber Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
699000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
118
Street Name
Main
Street Suffix
Street
Street Direction Suffix
S
Postal City
Cambridge
County
Isanti
State
MN
Zip Code
55008
Complex/Dev/Subdivision
Nesbitt & Woodmans Add

Assessments

Tax With Assessments
5476

Basement

Foundation Dimensions
26x115

More Information

Building Information

Building Finished SqFt
2990
Building SqFt
2990
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
33
Township#
36

Sale Options

Sale Includes
Building, Business, Fixture/Equipment

Unit Details

Total Units
Yes
IDX
Listing Office: Century 21 Moline Realty Inc
Last Updated: September - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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