Metal Retail Building with Loading
1017 N Washington Street Ardmore, OK 73401
For Sale
$999,870
SINGLE_FAMILY - Ardmore, OK
Property Size6,300 SF
Lot Size1.06 Acres
Price / SF$158.71
Days on Market104
Property Features for 1017 N Washington Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- Commercial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 1017NWashington73401
- Size
- 6,300 SF
- Lot size
- 1.06 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Building materials
- Metal Siding
Listing Agency:
Dean Lemons & Associates
(405) 682-9505
Listed By:
Mark Graham
(940) 782-3098
Added: Apr 15
Changed: Jul 17
Last Checked: Jul 26 at 11:06PM
MLS# 1224637
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key for-sale opportunity includes a 1994-constructed metal retail building with retail sales floor, behind-the-counter inventory/stock and work-area space, warehouse space, and an office area. The property also features 2 bathrooms for patrons and/or employee use, one loading dock, and signage that includes a building-mounted sign plus a 16-foot pole sign approximately 6' x 4'. Measurements provided are approximate and should be verified by the buyer or their representative.
The property is located on a main arterial road in Ardmore, Oklahoma, about a mile from State HW 77 and approximately 2.5 miles east of I-35, with daily traffic count around 9,000 vehicles based on 2023 data. The property is zoned Commercial.
In addition to the real estate, the business sale includes debt-free inventory, debt-free equipment, all sales accounts (including established municipal, state, and private accounts), and the owners good will and reputation built over 35 years of successful business relationships. The site totals 1.06 acres MOL.
The property is located on a main arterial road in Ardmore, Oklahoma, about a mile from State HW 77 and approximately 2.5 miles east of I-35, with daily traffic count around 9,000 vehicles based on 2023 data. The property is zoned Commercial.
In addition to the real estate, the business sale includes debt-free inventory, debt-free equipment, all sales accounts (including established municipal, state, and private accounts), and the owners good will and reputation built over 35 years of successful business relationships. The site totals 1.06 acres MOL.
Key Highlights
- Turn‑key business opportunity including real estate, debt‑free inventory and equipment, established accounts, and goodwill.
- Prime location on a main arterial road with high daily traffic count (approximately 9,000 vehicles).
- Strategic location near State HW 77 and I‑35.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.8k | $21.24 |
| − Vacancy | −$13.8k | −$2.19 |
| EGI | $120.0k | $19.05 |
| − OpEx | −$36.0k | −$5.72 |
| NOI | $84.0k | $13.34 |
6,300 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.46M
$1.28M – $1.70M
NOI $102,025 @ 7.0% cap · market cap 10.20%
Second Best
Industrial
$1.20M
$1.05M – $1.40M
NOI $84,021 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$1.62M
$1.41M – $1.88M
NOI $113,098 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
NAPA Auto Parts ...
Auto Parts Store
Carquest Auto Parts ...
Auto Parts Store
Similar Off Market Nearby
- Jiffylube Multicare — 12 3rd Ave NE, Ardmore, OK 73401
- Ardmore Quick Lube — 702 W Broadway St, Ardmore, OK 73401
- Clarks Derby Services Inc — 702 W Broadway St, Ardmore, OK 73401
- Appliance 2 Go Sales Service Repair — 311 N Washington St, Ardmore, OK 73401
- Oneway Automotive — 40 N Washington St, Ardmore, OK 73401
FAQs
What type of property is this?
Auto shop - Turn-key commercial property with metal retail building, office area, warehouse space, and a loading dock on a main arterial road.
Where is this auto shop located?
The property is located at 1017 N Washington Street Ardmore, OK.
What is the asking price?
The asking price for this property is $999,870.
What are key features of this property?
This property features: Turn‑key business opportunity including real estate, debt‑free inventory and equipment, established accounts, and goodwill.; Prime location on a main arterial road with high daily traffic count (approximately 9,000 vehicles).; Strategic location near State HW 77 and I‑35.
