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2,990 sqft

$699,000

118 Main Street S, Cambridge MN, 55008

Price per sqft$233.78
Built in1906
Property size2,990 sqft
Property typeCommercial
Courtesy of Century 21 Moline Realty Inc, Michelle Nicollette Hosch Listing Contact:

Overview

Active

Listed Jan 6, 2026

Updated Sep 4

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.

Other Property Details

Taxes
$5,476
Tax Frequency
Annually
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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