Positioned at the bustling intersection of Hwy 95 and Buchanan St in downtown Cambridge, this commercial building offers unparalleled visibility and access. With daily traffic exceeding 13,200 vehicles and MNDOT's imminent plans to widen Hwy 95 to four lanes, the potential for increased exposure is significant. Renovated entirely in 2014, the 4,368 sq ft building includes two suites, security system with keycard access, and a drive-thru window. Spanning over a half acre across two parcels, this property is illuminated for safety and convenience, offering prominent building and pylon signage for enhanced visibility. Notably, MNDOT's expansion project will enhance the parking lot's functionality by eliminating an easement through it. With its unbeatable location, modern amenities, existing lease, and potential for growth, this property presents a rare opportunity for astute investors, redevelopment ventures, and owner occupants alike to capitalize on the thriving market of Cambridge, MN.
This has many options!!! Over 11,000 sq ft full basement walkout with 2 asphalt parking lots 1 on the north side with plenty of parking space as well as 1 on the south side of the building, just under 10 acres of land a few miles west of town. It has a baseball diamond & a playground. New in 2021 was the roof, siding, main level walls and ceiling inside as well as the roof trusses. And most of the windows upstairs & electric as well. Septic was new in 2000 and built to accommodate up to 400 people. 8 exterior doors to choose from. 2 stairs well on each end of the building & an area to add an elevator if needed. Very open concept on both levels. Full kitchen in lower level with plenty of office space for all your needs. Could be turned into a duplex as well or split the land up. Endless option here all on a beautiful quiet setting.
Very versatile commercial lot includes frontage on Hwy 95 and Cleveland St for signage! Three buildings with nearly 6,000 total square feet. Building 1 is 26x36 and was previously a bait shop. Building 2 is 40x78 and building 3 is 35x50. Zoned Business Transitional with lots of potential uses including Automotive. Seller is in the process of cleaning out items, buyer will have to use vision until cleared out. Lots of Potential. Redevelop the lot or use the buildings until the highest and best use is determined!
The median home value in Cambridge, MN is $316,500. This is higher than the county median home value of $308,900. The national median home value is $338,100. The average price of homes sold in Cambridge, MN is $316,500. Approximately 66.43% of Cambridge homes are owned, compared to 29.3% rented, while 4.27% are vacant. Cambridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cambridge real estate agent to arrange a tour today!
Cambridge, Minnesota has a population of 9,454. Cambridge is more family-centric than the surrounding county with 32.45% of the households containing married families with children. The county average for households married with children is 30.03%.
The median household income in Cambridge, Minnesota is $57,969. The median household income for the surrounding county is $78,687 compared to the national median of $69,021. The median age of people living in Cambridge is 36.6 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 3.2 degrees. The average rainfall is approximately 32.4 inches per year, with 52.3 inches of snow per year.