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.