For Sale: Cambridge MLS# 5699514
Est. /mo Edit
Commercial: Retail/Shopping Center
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Description: This unique property is in the center of Cambridge and was a public library. The facility has over 19, 000sf of useable space-12000sf on first floor, 6900sf in the basement and a 1400sf attached, drive-thru garage. The facility is ADA compliant with an elevator. The building is in excellent condition and the exterior of the building has been updated with new EIFS as well as enlarged aluminum-framed windows.This building could house a large business or could become a first-class multi-tenant property. The first floor is ready for buildout as desired and the basement has wonderful space that is ready to be used or leased. Take advantage of this rare opportunity.
List Price: $798,000
Property Type: Commercial
Listing Status: Active
Property Style: Retail/Shopping Center
Year Built: 1960
Zip Code: 55008
Building Fin Sq Ft: 19,000 sqft
Heating System: Forced Air
Foundation Size: 12,000 sqft
Handicap Accessible: Wheelchair Ramp(s), Accessible Elevator Installed
Exterior Material: Stucco
Garage Spaces: 1
Other Parking Spaces: 0
Lot Size Dim.: 150x124
Dev/Complex Name: Original Townsite Cambridge
School District: 911
District Phone: 763-689-6188
Financial & Taxes
Tax Year: 2020
Annual Taxes: None
Assessment Pending: No
Taxes w/ Assessments: None
Total Units: 1
Current Use: Office, Retail
Fuel System: Natural Gas
Sewer System: City Sewer/Connected
Available Utilities: Heating Common, Electric Common, Hot Water Common
Water System: City Water/Connected
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Area Sales Manager
Truestone Home Mortgage
Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.