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Investment Highlights
- Restaurant in the heart of Downtown Cambridge
- Brick Building
- On Main Street
Executive Summary
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.
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.
Data Room Click Here to Access
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,990 SF
Building Class
C
Year Built
1906
Price
$963,879 CAD
Price Per SF
$322.37 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.89
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
B-3 - Central Business District
Frontage
26’ on Main Street S
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15.066.0040 | Total Assessment | $330,818 CAD |
| Land Assessment | $70,333 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $260,484 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
15.066.0040
Land Assessment
$70,333 CAD
Improvements Assessment
$260,484 CAD
Total Assessment
$330,818 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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118 Main St S
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