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    401 Broadway Ada, OK 74820

    For Sale
    $515,000

    Thriving Business Location, High Visibility

    Property size:
    8,347 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use commercial property in Ada, OK, presents a unique investment opportunity. Located on a prominent corner lot at 401 N Broadway, the property boasts over 8,347 square feet across three buildings, offering significant road frontage on N. Broadway Ave and 8th Street. The main building (4,816 sq ft) features an office, a one-bedroom, one-bathroom apartment with central heating and air, eight bays including a newer paint booth (2001 installation), a 9,000lb lift, and a wash bay. Heating options include forced air gas, radiant gas, and central gas. An adjacent building (2,139 sq ft) connected by a covered breezeway, adds five more bays, a storage room, an office/breakroom, and a bathroom. Heating and cooling are provided by radiant heaters and an AC unit. The third building (1,392 sq ft) features a hanger door, ceiling fans, HVAC, and a bathroom. The property sits on a 0.34-acre lot. Square footage and lot size should be verified by the buyer. There is potential for purchasing or leasing the adjacent property at 427 N Broadway. Lease-to-own and standard lease options are also available.

    Property Features for 401 Broadway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,347 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Wholesale Shop Auto Repair Shop Gym & Fitness Convenience Store Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Pontotoc
    State
    Oklahoma
    Longitude
    -96.67918
    Latitude
    34.77798

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    FAQs

    What type of property is this?
    Mixed-use property - Thriving Business Location, High Visibility
    Where is this mixed-use property located?
    The property is located at 401 Broadway Ada, OK.
    What is the asking price?
    The asking price for this property is $515,000.
    (580) 272-4553
    Request Owner's contact information
    401 Broadway Ada, OK 74820
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    Ada, OK 74820
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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
    401 Broadway Ada, OK 74820
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