1210 N 1st Ave - Warehouse FOR SALE


Durant, OK 74701
$1,500,000 USD
580-775-4714
1210 N 1st Ave, Durant, OK for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/37
null | 3.6% Cap Rate

1210 N 1st Ave
Durant, OK 74701


HIGHLIGHTS

  • 1st Avenue is one of the busiest streets in Durant, and it is extremely rare for commercial property of this size, with this amount of frontage
  • The property sits directly across from Love's Gas Station and Sonic Drive-In.
  • Additional electric, water, and sewer utilities have been added at the South portion of the property, where there is ample space for a food truck park
  • This property was operated for many years as a car dealership and auto repair shop

OVERVIEW

Exceptional Commercial Property On 1st Avenue in Durant, OK. This large lot features a 2,000 sq. ft. retail space, which is connected to the 3,000 sq. ft. enclosed shop space which includes three large overhead doors. There is an additional 2,200 sq. ft. of awning space attached to the main retail building. Also included is a 3,000 sq. ft. storage facility. The lot also features over 22,000 sq. ft. of reinforced poured concrete slab for parking, etc. Additional electric, water, and sewer utilities have been added at the South portion of the property, where there is ample space for a food truck park. This property was operated for many years as a car dealership and auto repair shop. 1st Avenue is one of the busiest streets in Durant, and it is extremely rare for commercial property of this size, with this amount of frontage to come available. The property sits directly across from Love's Gas Station and Sonic Drive-In. Current income from leases is $4,500, with much more property available to be utilized.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

3.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

C3

APN/PARCEL ID

A399-28-06S-09E-3-004-00

ASK ABOUT THIS PROPERTY

Brad AycockActive Real Estate - DurantMore Info
580-775-4714

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Brad AycockActive Real Estate - DurantMore Info
580-775-4714

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