911 Broadway AveAda, OK 74820

Property Details for 911 Broadway Ave

Year built

1960

Lot size

2.51 AC

Property size (Sq ft)

8,270 SF

Property type

Turn key restaurants

APN

0530-28-004-006-0-093-00

APU

53028004006009300

Description

This exceptional commercial property, located at 911 N Broadway Ave in Ada, Oklahoma, presents a unique investment opportunity. The 8,270 square foot building sits on a substantial 2.37-acre lot, offering ample space for expansion and plenty of parking. The main structure, built in 1978, features a newer Flexion 1-ply roof installed in 2020, ensuring long-term durability. Inside, you'll find a spacious layout with a fully equipped kitchen, four restrooms, and office areas. The property is zoned COM, providing flexibility for various commercial uses. Its location on one of Ada's busiest streets guarantees high visibility and accessibility. The property benefits from completed surveys, title work, and inspections, streamlining the acquisition process. This is an ideal location for an established business seeking to expand or a new venture looking for a prominent presence in a thriving community. The expansive lot provides significant potential for future development. Don't miss this chance to own a prime commercial property in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,831,542

  6.5%

  $1,690,654

  7%

  $1,569,893

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,507,517

  Geo Method

  $2,507,517

• Alternative Use

  Use

  Valuation

  Residential

  $1,426,130

  Hospitality

  $1,306,328

  Educational

  $1,086,849

  Medical

  $1,124,228

  Retail

  $1,690,654

Location Insight

City

Ada

County

Pontotoc

State

Oklahoma

Latitude

34.784

Longitude

-96.6796

CBSA code

10220

CBSA name

ADA, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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