Leased Office and Rental
For Sale
Contact for pricing
Pending
1205 S Main Street, Altus, OK 73521
Office space with multiple offices and common areas plus three 100% occupied rental units generating current gross cash flow.
Property SizeContact for details
Days on Market142
Property Features for 1205 S Main Street
General Information
Standard status
Pending
Property subtype
Special Purpose, Office
Listing Agency:
CENTURY 21 Altus Prestige Realty
Listed By:
Shoya Garrison · License #OK
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 29 at 1:38AM
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 CENTURY 21 Altus Prestige Realty
Investment Insights
Based on property information with market context.
This property includes an office component and three income-producing rental units. The office has approximately 1,400 square feet with multiple offices (four to six offices), a lobby/reception area, a kitchen, and two bathrooms. In addition, one rental unit is fully furnished and includes major household items and laundry equipment. The remaining units consist of a two-bedroom, one-bath apartment with an approximate laundry room, and a mobile home with options for three or four bedrooms and two bathrooms, including an add-on that could serve as a fourth bedroom or a second living area. The office landlord pays water and sewer for all tenants.
The property is located at 1205 S Main Street in Altus, OK. Public remarks indicate the office is currently 100% leased to long-term tenants, including a tax company that has been in place for over 20 years, with a three-year lease reported in place. All three rental units have been occupied for the past 24 months.
Financial statements for 2018 and 2019 are available for qualified potential buyers, per the provided materials.
The property is located at 1205 S Main Street in Altus, OK. Public remarks indicate the office is currently 100% leased to long-term tenants, including a tax company that has been in place for over 20 years, with a three-year lease reported in place. All three rental units have been occupied for the past 24 months.
Financial statements for 2018 and 2019 are available for qualified potential buyers, per the provided materials.
Key Highlights
- Office space with 1,400 SF plus three 100% occupied rental units generating current gross cash flow of $33,000
- Office includes 4–6 offices, lobby/reception area, kitchen, and 2 bathrooms
- Tax Masters tenant has been in the same location for over 20 years with a 3‑year lease in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 73521, OK
20,209
Population
9,975
Households
2
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
185.8 sq mi
ZIP Area
109
Density / Sq Mi
$59,857
Median Household Income
$38,065
Median Earnings
$896
Median Rent
$150,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office space with multiple offices and common areas plus three 100% occupied rental units generating current gross cash flow.
Where is this office units located?
The property is located at 1205 S Main Street Altus, OK.
What are key features of this property?
This property features: Office space with 1,400 SF plus three 100% occupied rental units generating current gross cash flow of $33,000; Office includes 4–6 offices, lobby/reception area, kitchen, and 2 bathrooms; Tax Masters tenant has been in the same location for over 20 years with a 3‑year lease in place
