Income-Producing Commercial
729 S 6th Street, McAlester, OK 74501
COMMERCIAL - McAlester, OK
Type:Office
Property size:
2,914 SFLot size:
0.25 AcresPrice / SF:
$102/SF- Added:
- Feb 5, 2026
- Days on Market:
- 97
- Last Refresh:
- May 13 at 3:06 am
Property Features for 729 S 6th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Interior features
- Display Window, High Speed Internet, Public Restrooms, Smoke Detector
- Exterior features
- Lighting, Storage
- Standard status
- Active
- Size
- 2,914 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lots 15&16 540B SO MCALESTER
- Tax Annual Amount
- 1038
Utilities
- Utilities
- Water Available
- Cooling system
- Central Air
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Steel
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent Terra Geralds License #181555 (918) 457-6601
Listing office Property Solutions Real Estate 1910 S Muskogee Ave, Tahlequah, OK (918) 457-4100
Listing date Feb 5, 2026
MLS# 2604322
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing property with potential for 6‑8% (or higher) stabilized cap rate based on market rents.
- Dual‑suite building with separate entrances, HVAC, restrooms, and electric meters, suitable for multi‑tenant or owner‑user occupancy.
- Move‑in ready condition, inside and out, minimizing immediate capital expenditures.
- Side lot included, offering expansion, parking, or development potential.
- Flexible suite layouts with open front areas, natural light, and polished concrete flooring, suitable for various business types.
- Front and rear parking, plus detached storage/auxiliary structure, adding value and convenience.
Overview
This income-producing commercial property features a well-maintained dual-suite building. Each suite has separate entrances, individual HVAC units, restrooms, and electric meters, making it suitable for multi-tenant operation or owner-user occupancy with supplemental income. Both suites feature open front layouts with ample natural light, polished concrete flooring, secondary rooms, and additional office or break areas. This provides flexibility for office, retail, salon, or service-based businesses. The main building is in excellent condition, both inside and out, and is move-in ready. Previously, one suite rented for $1,000 per month. Both sides offer similar layouts, presenting strong upside potential, with projected market rents of approximately $2,000+ per month combined, supporting an estimated 6-8% stabilized cap rate, with upside to 8%+ based on market rents. The property includes parking in both the front and rear, plus an additional detached storage/auxiliary structure offering further value-add potential with improvement. A side lot conveys with the property, providing flexibility for expansion, extra parking, or future development. The property is located in a visible area with steady traffic flow. The property size is 2914 square feet and the lot size is 0.25 acres. This presents an excellent opportunity for investors seeking stabilized cash flow with value-add components or owner-users looking to offset occupancy costs. The pro forma cap rate is based on projected rents.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Allied Appraisal Group ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- McAlester
- County
- Pittsburg
- State
- Oklahoma
- Longitude
- -95.765184
- Latitude
- 34.922266
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Dual-suite building ideal for multi-tenant operation or owner-user occupancy.
Where is this office units located?
The property is located at 729 S 6th Street McAlester, OK.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Income‑producing property with **potential for 6‑8% (or higher) stabilized cap rate** based on market rents.; Dual‑suite building with separate entrances, HVAC, restrooms, and electric meters, suitable for multi‑tenant or owner‑user occupancy.; **Move‑in ready condition, inside and out**, minimizing immediate capital expenditures.
