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Ashland Arts Building 220 S Ashland St 4,485 SF 44% Leased Retail Building Cambridge, MN 55008 $269,960 CAD ($60.19 CAD/SF) 10.19% 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 |
$6,745
|
$1.50
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,745
|
$1.50
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $6,745 |
| Annual Per SF | $1.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,745 |
| Annual Per SF | $1.50 |
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
$269,960 CAD
Price Per SF
$60.19 CAD
Cap Rate
10.19%
NOI
$27,511 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 | $281,560 CAD |
| Land Assessment | $77,781 CAD | Annual Taxes | $6,745 CAD ($1.50 CAD/SF) |
| Improvements Assessment | $203,779 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
15.069.0730
Land Assessment
$77,781 CAD
Improvements Assessment
$203,779 CAD
Total Assessment
$281,560 CAD
Annual Taxes
$6,745 CAD ($1.50 CAD/SF)
Tax Year
2025
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Ashland Arts Building | 220 S Ashland St
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