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    FOR SALE
    Warehouses

    141 W Main St, Stratford, OK 74872

    6,957 SF 0.16 ac lot Built 1940
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US69-1664784
    Property summary
    AI-generated overview

    This exceptional mixed-use commercial property presents a unique investment opportunity in the heart of Stratford, Oklahoma. Located on a prominent corner lot at Main & Maple Streets, this offering encompasses four buildings situated on a 0.24-acre parcel. The property boasts a total of approximately 6,957 square feet (buyer to verify), offering significant versatility and potential for diverse uses. The two front buildings, situated along Main Street, provide over 5,000 square feet of storefront space, ideal for retail or commercial ventures. One of these buildings has operated successfully as a 24/7 fitness facility since 2022. The adjacent building requires some renovation but holds substantial potential for lease income or as a complementary business. A concrete block building at the rear of the property offers approximately 1,200 square feet of additional space, suitable for rental or expansion. A metal building of approximately 900 square feet is currently used for storage. Further enhancing the property's potential is an existing concrete slab on the west side, providing an opportunity for additional construction or outdoor space. The fitness equipment within the existing gym is available for purchase separately at an additional cost of $20,000 (a detailed equipment list is available). This property offers a compelling blend of established income potential and significant upside for a savvy investor. Don't miss this chance to acquire a substantial commercial property in a desirable downtown location.

    Property profile
    Verified
    Property type Warehouses
    Use group STORAGE YARD, OPEN STORAGE
    Year built 1940
    Total area 6,957 SF
    Lot 0.16 ac (7,000 SF)
    Zoning code C1
    APN 0705-00-028-002-0-000-00
    UPID US69-1664784
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bulldog Family Fitness LLC Gym & Fitness Center
    • Ozark Trail Obelisk Tour Operator
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tyler D Sprabery · 4 yrs held
    Tyler D Sprabery
    since 2021
    Last sale
    $55,000
    1 recorded transaction
    2021
    $55,000
    Zoning & alternative use
    C1 · Stratford, OK
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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