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    221 Main St Spiro, OK 74959

    For Sale
    $112,000

    Prime Spiro location, versatile retail building. New HVAC, roof, & LED lighting.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional retail property located at 221 S Main Street in Spiro, Oklahoma, presents a unique investment opportunity. Priced at $112,000, this adaptable building offers a multitude of potential uses. Previously utilized as a retail space, dance studio, and medical office, its flexible layout allows for a wide range of commercial ventures. Imagine transforming this space into a thriving boutique, a charming flower shop, a delightful bakery or restaurant, or a specialized hobby shop. The possibilities are truly endless. Recent upgrades significantly enhance the property's value and appeal. A brand-new HVAC system was installed in 2023, ensuring year-round comfort and efficiency. The roof was completely replaced in 2021, providing long-term protection and peace of mind. Furthermore, energy-efficient LED lighting was installed in January 2023, reducing operating costs and contributing to a modern, well-lit interior. With minimal interior modifications, this building is ready to welcome its next tenant and flourish. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable Spiro location. Don't miss out on this chance to own a piece of Spiro's vibrant commercial landscape. Contact us today to schedule a viewing.

    Property Features for 221 Main St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Auto Repair Shop Department Store Bar & Pub Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spiro
    County
    Leflore
    State
    Oklahoma
    Longitude
    -94.62134
    Latitude
    35.2397

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    FAQs

    What type of property is this?
    Retail property - Prime Spiro location, versatile retail building. New HVAC, roof, & LED lighting.
    Where is this retail property located?
    The property is located at 221 Main St Spiro, OK.
    What is the asking price?
    The asking price for this property is $112,000.
    (479) 646-5539
    Request Owner's contact information
    221 Main St Spiro, OK 74959
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    Realmo Value Estimation

    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.

    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.

    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
    221 Main St Spiro, OK 74959
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