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Paul Erickson

paul@erickson.realestate +1(507) 430-2343

$ 480,000

Est. payment | -/mo

Save Virtual Tour

$ 480,000

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Rasks Add

MLS Listing ID 7022410

Year Built 1984

Annual Tax Amount $6,524

Tax Year 2025

Contingent None

Lot Dimensions 50x125x50x125

Property Description

Don't pass on this one!!! Exceptional Downtown Cambridge Commercial Building-4 units. Built in 1984 and extensively upgraded, this prime 4-unit commercial building is a standout investment in downtown Cambridge. The North unit has an anchored tenant for over 20 years, ensuring a stable tenant base. The current owners are poised to lease the flexible south unit. The spacious back party room accommodates up to 50 people, rented by the hour at your rate, and the full basement offers expansive storage or future expansion. Exterior painted-2022, new carpet-2022, new roof-2024, new gutters-2024, new furnace & AC-2025, new interior paint 2025- new entry door-2022, asphalt-2022, concrete-2021, the party room new in 2022. Don't miss this rare, fully upgraded investment in a high-demand location!

Location

State MN

County Isanti

Zoning Business/Commercial

Rooms

Family Room Amusement/Party Room, Other

Basement Block, Drain Tiled, Full, Owner Access, Storage Space, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl Plank

Inclusions Building

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Asphalt, On-Street Parking Only, Parking Lot, Paved Lot

Fence Other

Pool None

Utilities Available Electric Separate

Roof Type Age 8 Years or Less,Asphalt,Pitched

Present Use Professional/Office,Commercial,Office,Other,Professional Service,Recreational

Building

Lot Description Irregular Lot

Story Two

Foundation 3731

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

Structure Type Block,Frame

New Construction false

Schools

School District Cambridge-Isanti

Others

Virtual Tour https://listing.millcityteam.com/ut/126_Adams_St_S.html

Listed by Jesse Jondahl • RE/MAX RESULTS

Schools and Properties Nearby

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+1(507) 430-2343

paul@erickson.realestate

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126 Adams ST S Cambridge, MN 55008