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Restaurant with Drive-Thru Potential
For Sale
$349,000

620 S Mississippi Ave, Ada, OK 74820

Restaurant building with two exhaust hoods and possible north-side drive-thru window, plus on-site parking and overflow on the east lot.

Property Size3,592 SF
Price / SF$97.16
Days on Market108

Property Features for 620 S Mississippi Ave

General Information

Standard status Active
Size 3,592 SF

Additional Details

Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $3,523
Listing Agency: Gray Real Estate Elite, Inc.
Listed By: Julie Taylor · License #174921
Source: Exprealty
Added: May 29 Changed: Aug 21 Last Checked: Sep 12 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gray Real Estate Elite, Inc.

Investment Insights

Based on property information with market context.

This restaurant property includes two commercial exhaust hoods that convey with the building. The north side of the building may support a drive-thru window, and the exterior suggests one was previously there. The current tenant is on a month-to-month lease.

The site is positioned on busy S Mississippi Ave and offers plenty of parking, with overflow available on the east side lot. The property is near East Central University and Ada High School.

The available configuration supports restaurant operations and offers drive-thru flexibility subject to verification of the existing opening/condition and any required modifications.

Key Highlights

  • Restaurant building on busy Mississippi Street
  • Two commercial exhaust hoods convey with the building
  • Possible north‑side drive‑thru window; one previously appears to have been there

Property Analytics

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Current Use

Sam's Southern Eatery ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Locksmith Food Market Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

999
Businesses Nearby
Under-served
Demand for This Use

Demographics for 74820, OK

31,630
Population
14,372
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
285.6 sq mi
ZIP Area
111
Density / Sq Mi
$62,359
Median Household Income
$42,128
Median Earnings
$882
Median Rent
$177,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building with two exhaust hoods and possible north-side drive-thru window, plus on-site parking and overflow on the east lot.
Where is this conventional restaurant located?
The property is located at 620 S Mississippi Ave Ada, OK.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Restaurant building on busy Mississippi Street; Two commercial exhaust hoods convey with the building; Possible north‑side drive‑thru window; one previously appears to have been there
More about this property
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