Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1901-1923 Main St Woodward, OK 73801

    View on Map
    Sponsored
    For Sale
    $999,000

    Commercial - Woodward, OK

    Property size:
    17,700 SF
    Lot size:
    1.09 Acres
    Days on Market:
    16
    Last Refresh:
    Mar 11 at 9:06 pm

    Property Features for 1901-1923 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot
    Size
    17,700 SF
    Lot size
    1.09 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Flooring type
    Carpet, Concrete, Other, Tile
    Roof type
    Flat, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Linda Freeman

    Torch Realty (580) 216-4025

    Listing agent Linda Freeman (580) 366-1272 License #175297

    Listing date Feb 23, 2026

    MLS# 20251552 Listing URL

    Copyright © 2026 Northwest Oklahoma Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Main Street Commercial Opportunity

    Located on Main Street in Woodward, Oklahoma, this commercial property offers a range of opportunities. The property at 1901 Main features over 3200 square feet, with retail space in the front and a storage area in the back, complete with a garage door. Addresses 1903-1915 Main comprise over 14,500 square feet of subdivided space, currently occupied by local businesses. The renovated spaces are suitable for various uses, including office spaces, retail, lash studios, nail salons, beauty salons, gyms, and comic book stores. Ample parking is available. A vacant lot to the west presents the possibility for additional rental space or parking. At 1923 Main, there is approximately 2380 square feet of business space with a showroom and offices, along with an approximately 3000 square foot red-iron fabricated shop in the back, featuring 3 bays with insulated garage doors. The front area of the building has brick and a metal roof, while the shop addition, built in 2019, is of metal fabrication. The total lot size is 1.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodward
    County
    Woodward
    State
    Oklahoma
    Longitude
    -99.403983
    Latitude
    36.435641

    Nearby Similar for Sale

    • $585,000
      2,900 SF

      Woodward Commercial Property with Acreage

      High-traffic commercial property in Woodward, OK, suitable for various businesses.
      2224 8Th St, Woodward, OK 73801
      View Details
    • $650,000
      6.00 Acres

      Commercial Building on 6 Acres

      Commercial building built in 2012 on 6 acres.
      205659 E County Road 43, Woodward, OK 73801
      View Details
    • $385,000
      0.17 Acres

      Woodward Office Building For Sale

      Office building in prime location with high traffic frontage.
      1428 Oklahoma Ave, Woodward, OK 73801
      View Details
    • $169,000
      4,954 SF

      Commercial Building in High-Traffic Location

      4,954 sq ft building with parking and additional storage.
      806 9Th St, Woodward, OK 73801
      View Details
    • Contact for pricing
      2,530 SF

      Versatile Retail Space in Woodward

      2530 sq ft retail space with high visibility, ample parking.
      2116 Oklahoma Ave, Woodward, OK 73801
      View Details
    • Contact for pricing
      2,125 SF

      Retail/Storage Space in Woodward, OK

      2,125 SF retail/storage space in prime location.
      2118 Oklahoma Ave, Woodward, OK 73801
      View Details
    • Contact for pricing
      8,919 SF

      Spacious Commercial Building in Woodward

      Versatile 8,919 SF building with offices and conference rooms.
      2119 Main St, Woodward, OK 73801
      View Details
    • $205,000

      Updated Commercial Building on Corner

      Modern, updated building suitable for various professional uses.
      1020 18Th St, Woodward, OK 73801
      View Details
    • New
      $120,000
      4,000 SF

      Woodward Commercial Building with New Roof

      Turnkey commercial building with new roof and HVAC system.
      2308 Santa Fe St, Woodward, OK 73801
      View Details
    • $150,000
      0.34 Acres

      Freestanding Property on Main Street

      Freestanding property on Main Street with private parking.
      1414 Main St, Woodward, OK 73801
      View Details
    • $299,000

      Unique Log Cabin Style Building

      High-traffic location, log cabin style, former restaurant, drive-up window.
      2424 Williams Ave, Woodward, OK 73801
      View Details
    • $200,000
      2,352 SF

      Woodward Office/Flex Space For Sale

      Office and flex space with recent upgrades in Woodward, OK.
      5324 Oklahoma Ave, Woodward, OK 73801
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime commercial property on Main Street in Woodward, Oklahoma.
    Where is this retail space located?
    The property is located at 1901-1923 Main St Woodward, OK.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High-traffic corner location on Main Street.; - Multiple units with over 17,700 SF MOL of combined space (3200 + 14,500).; - Diverse range of existing businesses and potential uses (retail, office, salon, gym, etc.).
    (580) 216-4025
    Request Owner's contact information
    1901-1923 Main St Woodward, OK 73801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1901-1923 Main St
    Woodward, OK 73801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1901-1923 Main St Woodward, OK 73801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Linda Freeman
    Real Estate License ID: 175297
    (580) 216-4025 (580) 366-1272
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!