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Ashland Arts Building 220 S Ashland St 4,485 SF 44% Leased Retail Building Cambridge, MN 55008 $243,261 CAD ($54.24 CAD/SF) 11.10% Cap Rate
Investment Highlights
- 4,485 sq. ft. commercial building with potential for 4 separate units
- Prime location just a short walk from Downtown Main Street and Highway 95
- Features a large studio/conference area ideal for meetings, trainings, or creative use
- Flexible layout perfect for multi-tenant income or owner-occupant use
Executive Summary
Downtown Cambridge Commercial building opportunity! Invest in Commercial Real Estate or purchase as a new location for your new or current business. This 4,485 square foot building has the possibility for 4 separate units with individual office space within each unit. Featuring a large studio/conference space, 5 bathrooms & some offices are plumbed. Conveniently located just a short walk from downtown main street & Hwy 95.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$6,621
|
$1.48
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,621
|
$1.48
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $6,621 |
| Annual Per SF | $1.48 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,621 |
| Annual Per SF | $1.48 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
4,485 SF
Building Class
C
Year Built
1948
Price
$243,261 CAD
Price Per SF
$54.24 CAD
Cap Rate
11.10%
NOI
$27,006 CAD
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
Business/Commercial
Frontage
75’ on Ashland St S
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 222 | 2,500 SF | Retail | - | Now |
222
| Size |
| 2,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
222
| Size | 2,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15.069.0730 | Total Assessment | $277,231 CAD |
| Land Assessment | $76,585 CAD | Annual Taxes | $6,621 CAD ($1.48 CAD/SF) |
| Improvements Assessment | $200,646 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
15.069.0730
Land Assessment
$76,585 CAD
Improvements Assessment
$200,646 CAD
Total Assessment
$277,231 CAD
Annual Taxes
$6,621 CAD ($1.48 CAD/SF)
Tax Year
2025
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Ashland Arts Building | 220 S Ashland St
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