301 W Main St - Office FOR SALE


Ardmore, OK 73401
$1,000,000 USD
580-255-1810
301 W Main St, Ardmore, OK for Sale
$1,000,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

301 W Main St
Ardmore, OK 73401


HIGHLIGHTS

  • Prime Ardmore Location "Prime location in growing Ardmore, OK, with excellent visibility, accessibility, and strong potential for future appreciation.
  • Owner Leaseback Income "Owner-occupied leaseback provides $70,641 in stable annual income during stabilization."
  • Convertible Penthouse Space "8th-floor penthouse (1,234 SF) with kitchen & restroom offers premium leasing or owner-occupied potential."
  • Additional Parking Included "Sale includes 2 parking lots (.70 acre, 80 spaces) with potential for expansion or alternative uses."
  • Flexible Office/Retail Space "8 stories of versatile office/retail space in a prime Ardmore location."
  • Growth in Ardmore Market "Benefit from Ardmore’s economic growth, infrastructure improvements, and rising demand for space."

OVERVIEW

This 8-story mixed-use property at 301 W Main St., Ardmore, OK, offers a unique opportunity for value-add investors, long-term holders, or owner-users seeking a prime asset in a growing market. With significant upside potential through vacancy reduction and rent increases, this property is ideal for investors looking to unlock long-term value. Property Features: Flexible Office/Retail Space: 8 stories of versatile space, including a convertible 8th-floor penthouse with kitchen and restroom facilities. Owner-Occupied Leaseback: Stable income from the current owner leasing back 5,752 SF. Additional Parking: Two paved parking lots (.70 acre, 80 spaces) included for tenant convenience. Investment Strategy Options: Value-Add Investor: Fill vacancies and raise rents to increase income. Reposition the property with cosmetic upgrades or operational efficiencies to attract higher-quality tenants. Long-Term Hold Investor: Benefit from stable leaseback income and long-term appreciation in a growing market. Owner-User: Occupy a portion of the building while leasing out the remaining space to generate rental income. Why This Property Is Perfect for You: Whether you’re a value-add investor looking to reposition the property, a long-term holder seeking stable income and appreciation, or an owner-user wanting to occupy a prime location, this property offers a rare opportunity to acquire a versatile asset in a growing market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$15 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

CD

APN/PARCEL ID

0010-00-328-003-0-001-00

ASK ABOUT THIS PROPERTY

Robert GibsonFirst Bank and Trust Co.More Info
580-255-1810

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Robert GibsonFirst Bank and Trust Co.More Info
580-255-1810

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