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    107 4Th Ave Ada, MN 56510

    Sponsored
    For Sale
    $340,000

    Thriving Business, Great Location, High Potential

    Property size:
    2,255 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional turnkey investment opportunity is located at 107 4th Avenue West in Ada, Minnesota. The property encompasses a 2,255 square foot commercial building situated on a 0.12-acre lot. The main business is a well-established bar and grill, complete with a full kitchen, bar, and dining area, ready for immediate operation. The property's appeal is further enhanced by a spacious outdoor patio, ideal for hosting events. Adding to the income potential, a three-bedroom, one-bathroom rental unit is located on the second floor, providing additional revenue streams. The business is already experiencing strong performance, with multiple parties and catering events booked for the 2024 season. Its convenient location, a 50-minute drive from Fargo, ND, positions it to benefit from the growth and activity of the surrounding area. This presents a rare chance to acquire a profitable, established business with significant upside potential in a vibrant Minnesota community. The asking price for this turnkey operation is $340,000. This is a remarkable opportunity for an investor seeking immediate returns and long-term growth. The property is ready for a new owner to step in and continue its success.

    Property Features for 107 4Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,255 SF
    Lot Size
    5,227 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Norman
    State
    Minnesota
    Longitude
    -96.51751
    Latitude
    47.29933

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Business, Great Location, High Potential
    Where is this commercial real estate located?
    The property is located at 107 4Th Ave Ada, MN.
    What is the asking price?
    The asking price for this property is $340,000.
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    107 4Th Ave Ada, MN 56510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 4Th Ave Ada, MN 56510
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