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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.

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
Storefront
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

Anytime Fitness
Snap Fitness 24/7
Scooter's Coffee
First Bank & Trust
Caribou Coffee

Property Taxes

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
  • Listing ID: 38986177

  • Date on Market: 2026-01-06

  • Last Updated:

  • Address: 118 Main St S, Cambridge, MN 55008

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