402 Main St Ada, OK 74820-5608
- Auto shops
- 7,325 SF
- 0.31 lot acres
Current Use by Public Records
- Hisaw Rentals / Apartment Building
- Ada Tire Center Inc / Oil Change Service / Wheel Alignment Service
Property Details for 402 Main St
- Year built
- 1958
- Lot size
- 0.31 lot acres
- Property size
- 7,325 SF
- Property type
- Auto shops
- APN
- 0305-00-00R-007-0-000-00
- APU
- 03050000R007000000
Description
This exceptional 17,331 square foot commercial building, situated on a 0.48-acre lot at the prominent corner of Main and Cherry Streets in Ada, Oklahoma, presents a unique investment opportunity. Its prime downtown location offers unparalleled visibility and accessibility. The building boasts a rich history, having served as a wholesale food center, feed and seed store, and furniture store, showcasing its adaptability and enduring structure. Architectural details include impressive 14-foot ceilings, a robust cement slab foundation, substantial wooden beams, and a durable exterior constructed from a combination of cinder block and brick. Currently, the property is being sold "as-is" and requires repairs, presenting a significant value-add opportunity for a discerning buyer. The C2 zoning allows for a wide range of commercial uses, making it ideal for adaptive reuse and creative entrepreneurs. This is a chance to acquire a piece of Ada's history and revitalize a landmark property into a thriving commercial enterprise. The substantial size and unique character of this building offer endless possibilities for a variety of businesses. The property's location in the heart of downtown Ada ensures high foot traffic and visibility, making it an attractive investment for those seeking a high-impact commercial space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ada
- County
- Pontotoc
- State
- Oklahoma
- Longitude
- -96.6733
- Latitude
- 34.7748
- CBSA code
- 10220
- CBSA name
- ADA, OK MICROPOLITAN STATISTICAL AREA