126 Adams Street S, Cambridge, MN 55008 (MLS# 7158756)


$400,000
126 Adams Street S
Cambridge, MN 55008
MLS# 7158756
5963 sqft


126 Adams Street S, Cambridge, MN 55008
  1 / 24  
126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008 126 Adams Street S, Cambridge, MN 55008

Property Description
An established tenant, a popular event space, and extensive recent improvements make this four-unit commercial building a compelling opportunity in downtown Cambridge. The north unit has been home to the same tenant for more than 20 years, while the owner-occupied south unit offers the possibility of continued rental income, with the current owners willing to lease back their space if desired by new ownership. Created in 2022, The Party Room accommodates up to 50 guests and hosts private parties, groom’s dinners, business meetings, and other gatherings. The unfinished lower level provides additional storage and potential for future leasable space, subject to applicable approvals. Built in 1984, the building has received substantial updates, including a new roof and gutters in 2024; furnace, central air conditioning, and interior paint in 2025; exterior paint, carpet, entry door, and asphalt in 2022; and concrete improvements in 2021. With multiple income opportunities and a fabulous location in the growing City of Cambridge, this property deserves a closer look from investors and owner-occupants alike. Explore the building’s layout and spaces through the available Matterport 3D virtual walkthrough tour and schedule your private viewing today. Financials, lease details and event space reservation information may be made available to qualified buyers upon full execution of a nondisclosure agreement (NDA).

Details
Maps
Contract Information
Status: Active
Current Price: 400000
Contingency: None
ListPrice: 400000
List Date: 2026-10-23
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 5
Waterfront YN: No
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3731
For Sale or Lease: For Sale
Acres: 0.14
Lot Dimensions: 50x125
Assessment Pending: No
Location Tax and Other Information
House Number: 126
Street Name: Adams
Street Suffix: Street
Street Direction Suffix: S
Postal City: Cambridge
County: Isanti
State: MN
Zip Code: 55008
Complex/Dev/Subdivision: Rasks Add
Assessments
Tax With Assessments: 7902
Basement
Foundation Dimensions: 91x41
Building Information
Building Finished SqFt: 3731
Building SqFt: 5963
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 33
Township#: 36
Sale Options
Sale Includes: Building, Leases
Unit Details
Total Units: 4
Property Features
Accessible: Doors 36"+; Grab Bars In Bathroom; Partially Wheelchair; Wheelchair Ramp
Air Conditioning: Central Air
Amenities Shared: Fire Sprinkler System
Basement: Unfinished
CMU Style: Business Opportunity; Freestanding; Office
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Event Space; Office; Professional Service
Exterior: Wood
Flooring: Carpet; Luxury Vinyl Plank; Luxury Vinyl Tile
Foundation: Concrete Perimeter
Fuel: Natural Gas
Heating: Forced Air
Location Description: Downtown; Free Standing
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Parking Lot; Paved Lot
Rent Rate per Foot: Gross
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less
Sewer: City Sewer/Connected
Stories: One
Tenant Pays: Broadband; Telephone
Water: City Water/Connected

Listing Office: Century 21 Moline Realty Inc

Last Updated: October - 23 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 24th of October 2026 01:21 AM

218-998-4400