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120 Main ST N Cambridge, MN 55008
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Nicole Biczkowski
nicolebiczkowskibroker@chime.meOur team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $290,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Aud Sub Div 8
MLS Listing ID 6176518
Sold Date 06/23/22
Year Built 1940
Annual Tax Amount $6,580
Tax Year 2022
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 55x127
Property Description
Attention investors! Commercial building in the heart of downtown Cambridge with four residential apartments and three main floor commercial units. Cap Rate at 9.9%, great cash flow, long standing tenants, and excellent downtown location. New roof in 2019, commercial parking area behind building with residential parking leased from adjacent parking lot, one vacancy on main level (665sf office/apt), and lower level storage areas too. Financials and copies of leases upon receipt of signed NDA.
Location
State MN
County Isanti
Zoning Business/Commercial
Rooms
Basement Block, Full
Interior
Heating Boiler, Hot Water, Steam
Fireplace No
Exterior
Garage Asphalt, Units Vary
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Flat,Rubber
Present Use Professional/Office,Commercial,Residential
Parking Type Asphalt, Units Vary
Building
Foundation 3391
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Wood Siding
Schools
School District Cambridge-Isanti
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Nicole Biczkowski