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    113 Main St Altus, OK 73521

    Sponsored
    For Sale
    $350,000

    Historic building, gun range, ample space.

    Property size:
    9,900 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This unique 9,900 square foot commercial property located at 113 S Main Street, Altus, OK, presents a remarkable investment opportunity. Currently operating as a gun firing range, complete with inventory and classrooms for gun safety instruction, this 0.16-acre property offers significant versatility. The main building boasts a ground floor dedicated to the existing range operations, providing a solid foundation for continued use in this sector. However, the true potential lies within the expansive upstairs area. This level comprises 38 interconnected rooms, offering a blank canvas for creative adaptation. Imagine the possibilities – from additional training spaces to unique retail ventures or even residential conversion (subject to local zoning regulations). Adjacent to the main building is a substantial storage area and a couple of offices, currently used for crafts, further enhancing the property's functionality and potential rental income streams. The property's rich history adds to its character and appeal. While currently configured for a specific use, the seller is open to exploring alternative uses, subject to feasibility and any necessary approvals. This property is being sold as-is. Serious inquiries are encouraged to explore the full potential of this exceptional commercial space. The buyer must possess a Federal Firearms License (FFL) for the current use.

    Property Features for 113 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,900 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Yellow Rose Firing ... Shooting Range

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.33433
    Latitude
    34.63719

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, gun range, ample space.
    Where is this commercial real estate located?
    The property is located at 113 Main St Altus, OK.
    What is the asking price?
    The asking price for this property is $350,000.
    (580) 482-0621
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    113 Main St Altus, OK 73521
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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
    113 Main St Altus, OK 73521
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