For Sale: Cambridge MLS# 6528095
Active
$649,000
Commercial: Other
Built 1985
0.7 acres
Cambridge-Isanti schools
MLS# 6528095
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Property Description
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$649,000
Property Type:
Commercial
City:
Cambridge
County:
Isanti
Year Built:
1985
State:
MN
Property Style:
Other
Zip Code:
55008
Subdivision Name:
Downtown Comm
Interior
Basement Details:
None
Exterior
Other Parking Spaces:
40
Air Conditioning:
Central Air
Foundation Size:
4,368 ft2
Handicap Accessible:
Doors 36"+, Fully Wheelchair, No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Paved
Unit Amenities:
- Ethernet Wired
- Security System
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- State Road
- Storm Sewer
- Street Lights
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Age Over 8 Years
Lot & Land
Acres:
0.7
Geolocation:
45.572974, -93.221111
Inclusions:
Building, Leases
Lot Dimensions:
Irregular
Addl Parcels:
150280401
Zoning:
Business/Commercial
Schools
School District:
911
District Phone:
763-689-6188
Expenses
Tenant Expenses:
Other
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$12,396
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,396
Units
Total Units:
2
Miscellaneous
Current Use:
Professional Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.