For Sale: Cambridge MLS# 6792027
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Property 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
Listing Status:
Active
Contingency:
None
List Price:
$849,000
Property Type:
Commercial
City:
Cambridge
Garage Spaces:
0
County:
Isanti
Year Built:
1906
State:
MN
Property Style:
1 Story
Zip Code:
55008
Subdivision Name:
Nesbitt & Woodmans Add
Interior
Ceiling Height:
8-10
Flooring:
Carpet, Floor Drains, Tile
Appliances Included:
None
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Air Conditioning:
Central Air
Foundation Size:
2,990 ft2
Foundation Dimensions:
26x1150
Fencing:
None
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Brick
- Concrete
- Frame
Pool:
None
Roof Details:
- Age 8 Years or Less
- Flat
- Rubber
Lot & Land
Acres:
0.078
Geolocation:
45.5723396131, -93.2239693056
Inclusions:
Building, Business, Fixture/Equipment
Lot Dimensions:
27 x 125
Zoning:
Business/Commercial
Schools
School District:
2334
District Phone:
7636896188
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,052
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,153
Units
Total Units:
1
Miscellaneous
Current Use:
Restaurant
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Power Company Name:
East Central Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Century 21 Moline Realty Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.