Property summary
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
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Tour Operator
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Stratford, OKZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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