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    106108 Main St Cordell, OK 73632

    Sponsored
    For Sale
    $300,000

    Historic Courthouse Square, Two Buildings, High Income Potential

    Property size:
    4,439 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated on Cordell's historic courthouse square at 106108 E Main Street, Cordell, OK, presents a unique investment opportunity. The property encompasses two buildings totaling 4,439 square feet on a 0.1-acre lot. Recently remodeled, both buildings boast significant upgrades including new central air and heating systems, new flooring, and updated front windows. A newly constructed decking area provides excellent space for window displays. Modern light fixtures and fans enhance the interior, complemented by the preservation of gorgeous original tin ceilings. One building is currently leased, generating immediate rental income (details available upon request). The other building serves as a thriving retail space, currently operating as a makeup and boutique store. Both buildings offer ample open, well-lit space. Building 106 even includes a convenient sink in the front area. A significant feature is the substantial upstairs area in both buildings, presenting versatile options for expansion. Potential uses for this space include additional retail space, residential apartments, short-term rentals, or further commercial development. This property offers substantial potential for growth and immediate return on investment, making it an ideal opportunity for a savvy investor seeking a blend of established income and future development possibilities. The asking price is $300,000.

    Property Features for 106108 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,439 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1910
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cordell
    County
    Washita
    State
    Oklahoma
    Longitude
    -98.9887
    Latitude
    35.29127

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Courthouse Square, Two Buildings, High Income Potential
    Where is this commercial real estate located?
    The property is located at 106108 Main St Cordell, OK.
    What is the asking price?
    The asking price for this property is $300,000.
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    106108 Main St Cordell, OK 73632
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    Cordell, OK 73632
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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
    106108 Main St Cordell, OK 73632
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