Cambridge, MN 55008,100 Buchanan ST N
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Cambridge, MN 55008,100 Buchanan ST N
Cambridge, MN 55008,100 Buchanan ST N
Cambridge, MN 55008,100 Buchanan ST N
Cambridge, MN 55008,100 Buchanan ST N

$550,000

Est. payment /mo

$649,000

15.3%
Est.Price: ?

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100 Buchanan ST N Cambridge, MN 55008

0.7 Acres Lot

SOLD DATE : 11/22/2024

Key Details

Sold Price $550,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown Comm

MLS Listing ID 6528095

Sold Date 11/22/24

Year Built 1985

Annual Tax Amount $12,396

Tax Year 2024

Contingent None

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions Irregular

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.

Location

State MN

County Isanti

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Garage Paved

Utilities Available Electric Common, Heating Common, Hot Water Separate

Roof Type Age Over 8 Years,Age 8 Years or Less

Present Use Professional Service

Building

Foundation 4368

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Cambridge-Isanti

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Listed by Carrie Gibbs • Century 21 Moline Realty Inc

Phillip Thomas

Real Estate Professional | License ID: 503514707

+1(507) 269-8489

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