Discover a phenomenal, ready-to-go investment in the vibrant town of Ada, MN. This thriving bar and grill is fully equipped with a complete kitchen, bar, dining area, and a stunning outdoor patio space perfect for alfresco dining and social gatherings. The property also includes a charming three-bedroom, one-bathroom rental unit on the second floor, adding an extra income stream. With multiple parties and catering events already booked for the 2024 season. Conveniently located just a 50-minute drive from Fargo, this bustling business offers endless potential for growth and expansion in a rapidly growing community. This bar and grill is not just a business; it's a community hub where locals gather to enjoy great food, drinks, and company. The friendly and welcoming atmosphere has earned it a loyal customer base, ensuring steady patronage and revenue. The current owners have built a strong reputation for quality and service, which you can continue to build upon. Don’t miss out!
The median home value in Ada, MN is $230,000. This is higher than the county median home value of $145,000. The national median home value is $338,100. The average price of homes sold in Ada, MN is $230,000. Approximately 59.93% of Ada homes are owned, compared to 24.16% rented, while 15.91% are vacant. Ada real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ada real estate agent to arrange a tour today!
Ada, Minnesota has a population of 1,865. Ada is more family-centric than the surrounding county with 30.26% of the households containing married families with children. The county average for households married with children is 28.11%.
The median household income in Ada, Minnesota is $53,750. The median household income for the surrounding county is $58,846 compared to the national median of $69,021. The median age of people living in Ada is 38.5 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of -1.8 degrees. The average rainfall is approximately 23.3 inches per year, with 48.1 inches of snow per year.