Two-Story Commercial Building in Downtown
For Sale
$189,500
16 Commercial St, Inola, OK 74036
Updated 8,000 SF mixed-use building in high-traffic downtown location.
Property Size8,000 SF
Lot Size0.16 Acres
Price / SF$23.69
Days on Market272
Property Features for 16 Commercial St
General Information
Standard status
Active
Size
8,000 SF
Lot size
0.16 Acres
Taxes and HOA fees
Annual Taxes
$578
Listing Agency:
Tommy Dyer Real Estate
(918) 636-1070
Listed By:
Skip W Weast · License #200606
(918) 636-1070
Source:
Exprealty
Added: Nov 11, 2025
Changed: Aug 8
Last Checked: Aug 8 at 1:26PM
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 Tommy Dyer Real Estate
Investment Insights
Based on property information with market context.
Located in the heart of downtown Inola, this two-story commercial building offers 8,000 square feet of versatile space suitable for retail, office, mixed-use, or investment purposes. The property benefits from a high-visibility location in a high-traffic area. Significant updates have been made, including the installation of new high-efficiency lighting by PSO in 2023. A new $50,000 roof deck and Thermal Plastic Overlay roof were installed in 2019. The rear of the building features a new $20,000 concrete slab with a 12-inch rebar grid designed for heavy trucks. Plumbing has been updated with new PEX pipe and PVC drain pipes. A new commercial hot water heater was installed in 2019. In 2024, a new $25,000 subfloor was installed on the second level, which is completely open and could be converted into apartments. The building is currently leased for $1650 a month. This sale includes the land and building only.
Key Highlights
- High‑visibility, 8,000 sq ft commercial building in the heart of downtown Inola.
- Versatile space suitable for retail, office, mixed‑use, or investment purposes.
- Significant recent updates including a new $50,000 roof deck (2019), $25,000 subfloor on the second level (2024), and updated plumbing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 74036, OK
7,182
Population
2,858
Households
2.5
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
128.4 sq mi
ZIP Area
56
Density / Sq Mi
$78,187
Median Household Income
$43,585
Median Earnings
$938
Median Rent
$200,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated 8,000 SF mixed-use building in high-traffic downtown location.
Where is this mixed-use property located?
The property is located at 16 Commercial St Inola, OK.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: High‑visibility, 8,000 sq ft commercial building in the heart of downtown Inola.; Versatile space suitable for retail, office, mixed‑use, or investment purposes.; Significant recent updates including a new $50,000 roof deck (2019), $25,000 subfloor on the second level (2024), and updated plumbing.
