701 Mississippi Ave Ada, OK 74820
This exceptional Ada, Oklahoma commercial property presents a unique investment opportunity. Priced at $198,000, this mixed-use property boasts 1,200 square feet across two buildings situated on a 0.43-acre lot. The main building, constructed in 1920, is ideally suited for an auto shop, featuring a showroom, office space, a partial bathroom, and a two-bay workshop with two overhead doors. A second building offers versatile space perfect for a salon, food service establishment, or additional office space. The property's zoning is COM, allowing for a variety of uses. Adding to its appeal is a substantial additional lot (50' x 140') behind the buildings, providing ample space for parking or potential expansion. Located at 701 S Mississippi Ave, Ada, OK 74820, this property benefits from high traffic counts, making it an attractive location for a diverse range of businesses. The property's combination of existing structures and expansive additional land offers significant potential for growth and development. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Oklahoma community. Don't miss out on this chance to establish or expand your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.