Cambridge, MN 55008,123 Main ST N
Cambridge, MN 55008,123 Main ST N
Cambridge, MN 55008,123 Main ST N
Cambridge, MN 55008,123 Main ST N
Cambridge, MN 55008,123 Main ST N
Cambridge, MN 55008,123 Main ST N
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$150,000

$166,500

9.9%
Est.Price: ?

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Est. payment /mo

3,049 Sqft Lot


SOLD DATE : 03/27/2024

Key Details

Sold Price $150,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Bunkers Add

MLS Listing ID 6478759

Sold Date 03/27/24

Year Built 1935

Annual Tax Amount $2,350

Tax Year 2023

Contingent None

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25x125

Property Description

For Sale: Downtown Cambridge Office Building with Established Tenant! This Main Street property showcases a delightful storefront with display windows, existing signage, two units, two front entrances and two back doors, a shared hallway leading to an ADA bathroom, and a parking lot with 5 assigned spaces accessible from the alley. The current tenant occupies both units but is open to renegotiating their lease, potentially freeing up unit 125 for the buyer's use while the tenant remains in unit 123. Recent interior upgrades in the past five years include new carpet, tile, paint, a renovated ADA bathroom, 6-panel wood doors, and a new furnace and A/C. Interested buyers should reach out to the City of Cambridge for details on zoning rules and restrictions. Don't miss the chance to own, occupy, or invest in this property with a lucrative 8% cap rate.

Location

State MN

County Isanti

Zoning Business/Commercial

Rooms

Basement Partial, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Garage Assigned, Paved, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat,Rubber

Present Use Professional Service

Parking Type Assigned, Paved, Open

Building

Story One

Foundation 609

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Block,Wood Siding

Schools

School District Cambridge-Isanti

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Listed by Carrie Gibbs • Century 21 Moline Realty Inc

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