Broadway District
For Sale
$230,000
123 S Broadway Street, Coweta, OK 74429
Commercial, Coweta, OK
Property Size1,760 SF
Lot Size0.08 Acres
Price / SF$130.68
Days on Market111
Property Features for 123 S Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Interior features
9' Ceiling Height, Display Window, High Speed Internet, Mini-Kitchen
Exterior features
Door Sign, Dumpster, Roof Sign, Sidewalk
Subdivision
New Coweta City
Elementary school district
Coweta - Sch Dist (30)
Middle school district
Coweta - Sch Dist (30)
High school district
Coweta - Sch Dist (30)
Directions
Take hwy 51 to Broadway go south, property is located 3 blocks down on the east side.
Standard status
Active
APN
730023938
Size
1,760 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NEW COWETA CITY L-8 LESS 1/2 INT IN N 16" OF L-8 BLK 51
Tax Annual Amount
767
Legal Description
NEW COWETA CITY L-8 LESS 1/2 INT IN N 16" OF L-8 BLK 51
Utilities
Utilities
Phone Available
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1960
Building materials
Concrete
Listing Agency:
C21/First Choice Realty · Century 21 Real Estate
(918) 486-2108
Listed By:
Traven Hilton
(918) 352-1168
Added: Jun 25
Changed: Sep 3
Last Checked: Oct 13 at 12:06PM
MLS# 2623480
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,760-square-foot storefront property occupies a 0.08-acre parcel in Coweta’s Broadway District. Built in 1960, the concrete building includes display windows, a 9-foot ceiling, a mini-kitchen, and central heating and cooling. High-speed internet and phone service are available, while a sidewalk and exterior signage support the street-facing commercial presence.
The property is located at 123 S Broadway Street in Coweta, Oklahoma. A new TPO roof was installed in 2022. The site also includes a dumpster and roof sign, with CG zoning supporting its commercial classification.
The property is located at 123 S Broadway Street in Coweta, Oklahoma. A new TPO roof was installed in 2022. The site also includes a dumpster and roof sign, with CG zoning supporting its commercial classification.
Key Highlights
- 1,760‑square‑foot storefront building on a 0.08‑acre parcel
- Located at 123 S Broadway Street in Coweta’s Broadway District
- New TPO roof installed in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,456
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,120
$389.1K
Cap Rate 7%
$277,943
$277.9K
Cap Rate 9%
$216,178
$216.2K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$29.6K $16.80/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$27.8K $15.79/SF
− OpEx
−$8.3K −$4.74/SF
NOI
$19.5K $11.05/SF
Area
Wagoner County, OK
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,120
Cap Rate 7%
$277,943
Cap Rate 9%
$216,178
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Concrete commercial building with display windows, central HVAC, and CG zoning.
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: 1,760‑square‑foot storefront building on a 0.08‑acre parcel; Located at 123 S Broadway Street in Coweta’s Broadway District; New TPO roof installed in 2022
