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Active NEW!
$199,900
/mo Edit
Commercial:  1 Story
Built 1948
0.13 acres
Cambridge-Isanti schools
MLS# 6823299
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    Property Description

    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. Schedule a private showing today!

    Listing

    Contingency: None
    City: Cambridge
    County: Isanti
    State: MN
    Property Style: 1 Story
    Zip Code: 55008
    Subdivision Name: Original Townsite Cambridge

    Interior

    Ceiling Height: 8-10
    Ranges: None
    Refrigerators: None
    Appliances Included: Gas Water Heater
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 1
    Air Conditioning: Central Air
    Foundation Size: 4,485 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities: Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Block
    • Wood Siding
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.13
    Geolocation: 45.571155, -93.2251
    Inclusions: Building, Land, Leases
    Lot Dimensions: 75 x 62.5
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 911
    District Phone: 763-689-6188

    Expenses

    Annual Insurance Expense: $4,800
    Annual Gross Expense: $19,872
    Tenant Expenses: Cable TV, Janitorial Service, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,872
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,872

    Income

    Annual Gross Income: $41,700

    Rent

    Annual Net Income: $21,828

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Other
    • Professional Service
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    • Hot Water Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Century 21 Moline Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.