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    403 Main St Stroud, OK 74079

    For Sale
    $159,900

    Prime Stroud Commercial Space w/ Living Quarters

    Property size:
    2,574 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a unique blend of commercial and residential space, ideally situated on historic Route 66 in downtown Stroud, Oklahoma. The property, a meticulously maintained 1910 building, boasts a substantial 2,574 square feet situated on a 0.01-acre lot. The main floor offers a large, open commercial space, presenting endless possibilities for a variety of businesses. Its adaptability makes it suitable for numerous ventures, allowing for creative customization to fit specific operational needs. Upstairs, a comfortable and spacious two-bedroom, one-bathroom apartment awaits. High ceilings, measuring 11 feet, contribute to an airy and open feel within the living quarters. The building's historical charm is complemented by modern updates, including a recently installed metal roof, significantly enhancing energy efficiency and reducing utility costs. The excellent insulation further contributes to the property's cost-effectiveness. This turnkey investment property offers a rare chance to own a piece of Route 66 history while enjoying the benefits of a combined commercial and residential space. The property's location on this iconic highway provides exceptional visibility and potential for attracting a wide customer base. Priced at $159,900, this property represents a compelling investment opportunity with significant potential for return.

    Property Features for 403 Main St

    General Information

    Property type
    Investment properties
    Square Feet
    2,574 SF
    Lot Size
    436 SF

    Building Details

    Year Built
    1910
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stroud
    County
    Lincoln
    State
    Oklahoma
    Longitude
    -96.65794
    Latitude
    35.74932

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    FAQs

    What type of property is this?
    Investment property - Prime Stroud Commercial Space w/ Living Quarters
    Where is this investment property located?
    The property is located at 403 Main St Stroud, OK.
    What is the asking price?
    The asking price for this property is $159,900.
    (405) 655-2102
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    403 Main St Stroud, OK 74079
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    Stroud, OK 74079
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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
    403 Main St Stroud, OK 74079
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