230 Washington St Enid, OK 73701
This exceptional commercial investment opportunity encompasses a portfolio of properties in the heart of Enid, Oklahoma, steeped in local history. The offering includes the iconic Larry Black's building, a beautifully updated structure currently housing five separate tenants, all under lease. The addresses included in this sale are 230 and 232 West Randolph Street, and 207, 209, and 211 North Washington Street. All these properties are currently generating income from existing leases. Adding to the investment potential, an adjacent property at 228 West Randolph Street, currently occupied by a bridal shop and prom shop, is also available for purchase, presenting an opportunity for expansion or additional rental income. The asking price of $563,900 is based on a 2017 appraisal, reflecting the strong underlying value of this established commercial portfolio. This presents a rare chance to acquire a significant piece of Enid's commercial landscape, offering immediate cash flow and substantial long-term growth potential. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for both current tenants and future occupants. This is a turnkey investment ready to generate income from day one. The details of the individual leases are available upon request. Don't miss this chance to own a piece of Enid's history and secure a profitable future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.