Ada MN Commercial for Sale

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Type:
Other
Sq.Ft.:
2,255
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1900
Baths:
MLS#:
6561287

ADDITIONAL INFORMATION

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!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Ada Real Estate

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.

Ada Weather

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.

Ada Real Estate Market Conditions

  • Median sales price

    $230,000
    13.6% change since last quarter
  • # Active listings

    14
    30-day change

Ada Schools and Demographics

Education near Ada, MN

Metric City County
High School Graduates 92.3 92.16
College Degree - 2 year 12.15 13.89
College Degree - 4 year 28.06 21.87
Graduate Degree 6.07 3.53
Expenditures per Student 18,024 18,024
Students per Teacher 13.1 13.1

Elementary Schools near Ada, MN

School Grades Students P/T Ratio ZIP
Ada Elementary School PK - 06 253 13.4 56510
Norman County West Elementary School PK - 06 150 13.9 56550

High Schools near Ada, MN

School Grades Students P/T Ratio ZIP
Ada-Borup Secondary School 07 - 12 229 10.6 56510
Norman County East Secondary School 07 - 12 149 13 56584
Norman County West Secondary School 07 - 12 147 13.3 56548

Ungraded Schools near Ada, MN

School Grades Students P/T Ratio ZIP
* Ada-Borup Area Learning Program 09 - 12 0 56510

Demographics near Ada, MN

Metric City County
Neighborhood Type Small Town
Population 1,865 6,500
Population Density 1,378 8
Median Age 38.5 43.5
People per Household 2.6 2.4
Median Household Income 53,750 58,846
Average Income per Capita 27,960 32,482