118 Main Street S, Cambridge, MN 55008

$799,000
Property Type: Commercial Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $799,000 List Date: 1/06/2026 Last Modified: 5/01/2026

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). Located on Main Street, the cafe enjoys excellent visibility and added exposure during the many community events held throughout the year. This is an exceptional opportunity to own a successful, long-standing restaurant in a close-knit community with consistent patronage and strong potential for continued growth.

Listing Details MLS# 6792027

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront Present
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
Other Parking Spaces
0
Garage Stalls
0

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
799000
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
5153
Assessment Balance
0
Assessment Installment
0

Basement

Foundation Dimensions
26x115
None
Yes

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
2+ Lavatories
Yes
Building Sign
Yes
Delivery Door
Yes
Exterior Lighting
Yes
Kitchen Facilities
Yes

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

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
S 2' of lot #3 15066 Nesbitt & Woodsman Legal to Govern
Listing City
Cambridge
Map Page
229
Municipality
Cambridge
School District
Cambridge-Isanti
School District Phone
763-689-6188
Zip Plus 4
1808
Property ID Number
150660040
Tax Year
2025
Tax Amount
5052
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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). Located on Main Street, the cafe enjoys excellent visibility and added exposure during the many community events held throughout the year. This is an exceptional opportunity to own a successful, long-standing restaurant in a close-knit community with consistent patronage and strong potential for continued growth.
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.

Accessible

Doors 36"+
Yes
Grab Bars In Bathroom
Yes
Hallways 42"+
Yes
No Stairs External
Yes
No Stairs Internal
Yes

Air Conditioning

Central Air
Yes

Appliances

None
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Brick
Yes
Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Floor Drains
Yes
Tile
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

None
Yes

Parking Characteristics

Garage Dimensions
No

Pool Description

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Flat
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Business Opportunity
Yes

Commercial Kitchen Appliances

Cookware/Utensils
Yes
Dishwasher
Yes
Flat Top
Yes
Freezer
Yes
Fryer
Yes
Grill
Yes
Ice Machine
Yes
Other
Yes
Oven
Yes
Prep Station
Yes
Refrigerator
Yes
Shelving and Racks
Yes
Walk-In Cooler/Freezer
Yes
Warming Table
Yes

Current Use

Restaurant
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Downtown
Yes
Listing Office: Century 21 Moline Realty Inc
IDX
Last Updated: May - 01 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.