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$699,000

For Sale

8 months ago

118 Main St S, Cambridge, MN

House

MLS® 6792027

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $5,476
Days Active 246
Lot Size 0.078 Acres
Approx. Age 1906
MLS® Number 6792027

Property Address: 118 Main St S, Cambridge, MN, 55008-1621

Average square foot calculated using Size range provided by listing agent.

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 counter cooler, Coldline-ice cream cooler, Supera-upright cooler. 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.
MLS® Number6792027
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1906
BasementNone
DrivewayOn-Street Parking Only
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Building, Business, Fixture/Equipment

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
118 Main St S, Cambridge, MN

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