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Peoples Cafe

$699,000

118 Main Street S, Cambridge, MN 55008

Active
Last Updated: 09/04/2026

2,990 sqft

Building Size

0.078 acres

Lot Area

Details:
Building Size:    2,990 sqft
Lot Area:    0.078 acres
Units:    1
Year Built:    1906
Zoning:    Business/Commercial
MlsNumber:    6792027
Floors:    1
Highlights:
  • Annual Tax: $ 5476.0
  • Average Floor Size: 2990.0
  • Max Contiguous Area: 2990.0
  • General: Ceiling Fan(s)
  • Flooring: Wall to Wall Carpet
  • Lot Description: Level
  • Age: Over 50 Years Old
  • Heating Fuel Type: Gas
  • Exterior Description: Brick
  • Road Type: City / Town Street
  • Exterior: Sidewalk
  • Roof: Rubber
  • Lot Size: Under 1/2 Acre
  • Cooling: Central A/C
  • Sewer: City
  • Heating Type: Forced Air
  • Area Description: Suburban
  • Water: City Water
Description:

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.


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