107 4Th Ave Ada, MN 56510
- Bars
- 1,036 SF
Current Use by Public Records
- Bars
Property Details for 107 4Th Ave
- Property size
- 1,036 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 25-0021000
- APU
- 250021000
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ada
- County
- Norman
- State
- Minnesota
- Longitude
- -96.5176
- Latitude
- 47.2993