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Listed price in listed location currency (USD).
$849,000

000

MLS® 6792027

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $5,052
Days Active 2
Approx. Age 1906
MLS® Number 6792027

Property Address: 118 Main Street S, Cambridge, MN, 55008

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). 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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1906
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Business, Fixture/Equipment

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$849,000List Price
  • Commute

Commute

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

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