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Versatile Multi-Building Commercial Property

104 W Trudgeon Washington, OK 73093

104 W Trudgeon, Washington, OK, 73093
$535,000
For Sale
$535,000

Two remodeled commercial buildings with spray foam insulation, geothermal units, and ample parking for flexible indoor use.

Property Size5,345 SF
Price / SF$100.09
Days on Market127

Property Features for 104 W Trudgeon

General Information

Standard status
Active
Size
5,345 SF
Listing agency SERV. Realty
Listed by Jennifer Ingle
Source Exprealty
Added: Mar 17 Updated: Jul 21 at 4:01AM Checked: Jul 21 at 4:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERV. Realty


Investment Insights

Based on property information with market context.

This property offers two versatile commercial buildings on a single site, each enhanced with spray foam insulation and new geothermal units. The first building, “The Venue,” has been remodeled with a bright, open interior, wood-look flooring, and abundant natural light. It includes two bathrooms and a spacious, modern kitchen area, with an expansive open room that currently fits events and class-based uses. Included equipment can stay with the sale, including tables, chairs, and a projector.

The second building, “Warrior Sports Center,” is a new metal building set up as an indoor batting cage and training facility. It features turf flooring, overhead netting, and multiple training lanes designed to open or divide depending on how the space is used. The clear-span interior and tall ceilings support a range of configurations.

Both buildings are positioned to support easy access and practical day-to-day operations, with ample parking available to serve one or multiple business operations.

Key Highlights

  • Two commercial buildings on one property: "The Venue" and "Warrior Sports Center" with ample parking and easy access
  • The Venue has been remodeled with a bright, open interior, wood‑look flooring, and abundant natural light
  • The Venue includes 2 bathrooms, a spacious modern kitchen area, and equipment staying with tables, chairs, and a projector

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $81.5k $15.24
− Vacancy −$21.0k −$3.93
EGI $60.4k $11.31
− OpEx −$15.1k −$2.83
NOI $45.3k $8.48
5,345 SF · lease $15.24/SF/yr · vacancy 25.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$647.6K
$566.6K – $755.5K (±1% cap)
NOI $45,331 @ 7.0% cap · market cap 8.47%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,437 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Wedding venues

Suggested Use

HVAC Service Building Supply Storage Facility Veterinary Clinic Hair Salon Real Estate Agency Grocery & Convenience Store Garden Center Cafe & Coffee Shop Restaurant

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

FAQs

What type of property is this?
Wedding venue - Two remodeled commercial buildings with spray foam insulation, geothermal units, and ample parking for flexible indoor use.
Where is this wedding venue located?
The property is located at 104 W Trudgeon Washington, OK.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two commercial buildings on one property: "The Venue" and "Warrior Sports Center" with ample parking and easy access; The Venue has been remodeled with a bright, open interior, wood‑look flooring, and abundant natural light; The Venue includes 2 bathrooms, a spacious modern kitchen area, and equipment staying with tables, chairs, and a projector
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