116 S Main St - Storefront Retail/Office FOR SALE


Luther, OK 73054
$351,000 USD
405-990-0569
116 S Main St, Luther, OK for Sale
$351,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | Request Cap Rate

116 S Main St
Luther, OK 73054


HIGHLIGHTS

  • Situated conveniently near the iconic Route 66; Dr. Bob Palmer, who was honored with the "Governor's Art Award in Community Service", has created a st
  • The entire building has been equipped with spray foam insulation and has been completely restored
  • A TPO roof was newly installed in 2015
  • There is an extra storage building situated on the property; Income Producing: There are a total of four upstairs offices available for rent, out of w
  • The property features a spacious dining room and room for a chef's kitchen; The second floor has a generously sized event room that can be rented out
  • The exterior brick of the building has undergone a complete tuckpointing process.

OVERVIEW

Introducing a completely restored 19th century building nestled in downtown Luther, Oklahoma just a stone's throw away from Route 66. This prime location presents an exciting opportunity for any new owner or operator looking to open a restaurant, retail, or business and cater to the flourishing population along the Oklahoma City/Luther border. The property boasts an expansive dining room, room for a chef's kitchen, ADA-compliant bathrooms, multiple offices, and even event space. Don't miss out on the chance to witness the allure and the extraordinary rapport this property has built with its residents and customers over the past 8 years. If you wish to learn more or tour the property, please contact us today.

FOR SALE DETAILS

PRICE

$351,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

116 S. Main St.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1897

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Commercial

APN/PARCEL ID

185551440

ASK ABOUT THIS PROPERTY

Johnny StradalCreek CREMore Info
405-990-0569

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Johnny StradalCreek CREMore Info
405-990-0569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.