300 Main St Ada, MN 56510-1340
This stunning, historic train depot, located at 300 W Main St, Ada, MN 56510, presents a unique investment opportunity. Built in 1908 and extensively renovated in 2010, this 3,269 square foot office building sits on an 11,592 square foot lot. The main floor boasts a versatile layout, including a kitchen, open workspace ideal for collaborative environments, four private offices perfect for individual work or executive suites, and multiple bathrooms. Upstairs, ample storage space is available, providing additional flexibility for various business needs. The asking price is $160,000, translating to $48.94 per square foot. This property is ready for immediate occupancy and offers significant potential for a variety of commercial uses. Its prime location in the heart of Ada, Minnesota, ensures high visibility and accessibility. The building's rich history and modern updates combine to create a truly exceptional commercial property. Don't miss this chance to own a piece of Ada's history and establish your business in a remarkable setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.