Excellent investment property located in the rapidly growing community of Pryor, OK. This is a Prime 4 unit commercial retail space located on Hwy 69 with approx. 324' of Hwy frontage and plenty of off street parking. This property is located on a high traffic count Hwy and is 100% occupied. All units have their own bathrooms and at least 1 CH&A unit.
24 hours notice required to show.
Part of the land is owned and part is on lease from the railroad.
Current RR lease expires in July, 2025. RR lease going forward is anticipated to be $5,000/yr on an annual renewal. Buyer will be responsible for a $1000 lease transfer fee to transfer the RR lease.
Improvements in the last 5 years include:
Exterior Paint, Roof Resealed, Exterior lights, some interior lights and parking lot repaved, interior ceiling tile replacement.
Owner pays water bill
Each tenant pays electric bill
Gas is metered separately so owner can bill each tenant.
4 Rental Units
1. Approx 1000 sqft, Month to month rental
2. Approx 3000 sqft Month to month CH&A replaced approx. 2021
3. Approx 3000 sqft 1 year lease starting May, 2023 2 CH&A units
4. Approx 4000 sqft Month to month 2 CH&A units 1 unit replaced approx. 2015