Restaurant-Ready Retail
115 N Main St Broken Arrow, OK 74012
New
115 N Main St, Broken Arrow, OK, 74012
$630,000
For Sale
$630,000
Retail/commercial space with a customer seating area, dedicated food prep, and back-of-house kitchen support features.
Property Size3,000 SF
Price / SF$210
Days on Market3
Property Features for 115 N Main St
General Information
- Standard status
- Active
- Size
- 3,000 SF
Building Details
- Year Built
- 2012
Listing agency
Pennington & Assoc Realtors
(918) 853-2412
Listed by
Tina Bell · License #180357
Source
Accentrealtors
Added: Jul 20 Updated: Jul 22 at 2:45AM Checked: Jul 22 at 2:45AM
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 Pennington & Assoc Realtors
Investment Insights
Based on property information with market context.
This retail/commercial space was previously operated as an ice cream shop and is laid out to support food and beverage concepts. The interior includes a welcoming customer/dining seating area, dedicated food prep space, and a commercial kitchen area located down the hall. Additional space includes a private party/event room and storage with convenient garage-door access for deliveries and operations.
The space also features practical existing improvements for food service, including a commercial refrigerator, public restroom, a three-compartment sink, and a grease trap. The property is located at 115 N Main St in Broken Arrow’s Rose District, where the public remarks cite strong pedestrian activity, visibility, and convenient access to surrounding neighborhoods and major roadways, along with nearby shopping and dining.
A turnkey interior configuration is already in place for the right user, with kitchen and back-of-house support positioned for day-to-day food operations.
The space also features practical existing improvements for food service, including a commercial refrigerator, public restroom, a three-compartment sink, and a grease trap. The property is located at 115 N Main St in Broken Arrow’s Rose District, where the public remarks cite strong pedestrian activity, visibility, and convenient access to surrounding neighborhoods and major roadways, along with nearby shopping and dining.
A turnkey interior configuration is already in place for the right user, with kitchen and back-of-house support positioned for day-to-day food operations.
Key Highlights
- 2012‑built retail/commercial space with 3,000 ± SF
- Flexible interior layout with customer/dining seating, dedicated food prep, and a commercial kitchen area down the hall
- Includes a private party/event room and a storage area
Local Financial Insights For Specialty Retail
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 | $47.9k | $15.96 |
| − Vacancy | −$3.4k | −$1.12 |
| EGI | $44.5k | $14.84 |
| − OpEx | −$11.1k | −$3.71 |
| NOI | $33.4k | $11.13 |
3,000 SF · lease $15.96/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$477.1K
$417.5K – $556.6K
NOI $33,396 @ 7.0% cap · market cap 5.30%
Second Best
Retail
$438.1K
$383.3K – $511.1K
NOI $30,667 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$701.7K
$614.0K – $818.7K
NOI $49,121 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Rose Rock Microcreamery
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail/commercial space with a customer seating area, dedicated food prep, and back-of-house kitchen support features.
Where is this retail space located?
The property is located at 115 N Main St Broken Arrow, OK.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 2012‑built retail/commercial space with 3,000 ± SF; Flexible interior layout with customer/dining seating, dedicated food prep, and a commercial kitchen area down the hall; Includes a private party/event room and a storage area
