Storefront Retail
For Sale
$230,000
123 S Broadway Street, Coweta, OK 74429
Storefront retail building with a TPO roof installed in 2022.
Days on Market37
Property Features for 123 S Broadway Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Building Size
1,760 SF
Year Built
1960
Listing Agency:
C21/First Choice Realty
(918) 352-1168
Listed By:
Traven Hilton
(918) 352-1168
Source:
Eufaulaproperties
Added: Jun 25
Changed: Jul 29
Last Checked: Jul 30 at 11:53AM
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 C21/First Choice Realty
Investment Insights
Based on property information with market context.
Storefront retail building built in 1960, positioned for retail use and neighborhood business activity. The property received a new TPO roof in 2022.
Located at 123 S Broadway Street in Coweta, Oklahoma, the building sits in the Broadway District. The address and district context support its intended visibility to downtown-area foot and vehicle traffic.
For buyers looking for a larger commercial footprint for retail storefront operations, this property combines an established build date with a more recent roof replacement.
Located at 123 S Broadway Street in Coweta, Oklahoma, the building sits in the Broadway District. The address and district context support its intended visibility to downtown-area foot and vehicle traffic.
For buyers looking for a larger commercial footprint for retail storefront operations, this property combines an established build date with a more recent roof replacement.
Key Highlights
- TPO roof replaced in 2022
- Retail storefront building built in 1960
- 123 S Broadway Street location in Coweta, OK
Financial Insights For 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 | $29.6k | $16.80 |
| − Vacancy | −$1.8k | −$1.01 |
| EGI | $27.8k | $15.79 |
| − OpEx | −$8.3k | −$4.74 |
| NOI | $19.5k | $11.05 |
1,760 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$277.9K
$243.2K – $324.3K
NOI $19,456 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.2K
$363.3K – $484.4K
NOI $29,061 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74429, OK
15,974
Population
6,457
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
84.2 sq mi
ZIP Area
190
Density / Sq Mi
$73,545
Median Household Income
$46,558
Median Earnings
$968
Median Rent
$215,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail building with a TPO roof installed in 2022.
Where is this storefront property located?
The property is located at 123 S Broadway Street Coweta, OK.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: TPO roof replaced in 2022; Retail storefront building built in 1960; 123 S Broadway Street location in Coweta, OK
