Multi-Building Flex Industrial
For Sale
Contact for pricing
302 E Main Street, Cushing, OK 74023
Three connected buildings with office, shop, and multiple bays provide flexible space for industrial and service tenants.
Property Size2,148 SF
Price / SF$295.62
Days on Market55
Property Features for 302 E Main Street
General Information
Standard status
Active
Size
2,148 SF
Property subtype
Industrial, Office, Retail
Building Details
Year Built
2020
Listing Agency:
CENTURY 21 Millennium
Listed By:
Jewell Jackson · License #OK
Source:
Crexi
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 5 at 7:53AM
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 CENTURY 21 Millennium
Investment Insights
Based on property information with market context.
This exceptional multi-building commercial property includes three separate primary buildings plus a separate rear storage building with seven additional bays. The front building is configured with a showroom/reception area, office, storage room, bathroom, and break room. The second building is a fully equipped shop offering a compressed air system, a 1-ton overhead crane, upstairs offices/rooms, restrooms, and utilities already in place. The third building provides additional office space, a large shop with four front-facing bays, side semi-truck bay doors, a storage room, restroom, and upstairs storage. Rounding out the site, the rear storage building adds seven bays suitable for equipment, inventory, or other storage needs.
The property is located on a busy main roadway with visibility and access designed for commercial operations. The overall layout supports businesses that need a combination of customer-facing space, administrative areas, and functional shop or warehouse work areas.
With showroom/reception, office, shop, overhead crane capability, semi-truck loading, and multiple bay doors across the buildings, the configuration is well-suited to industrial, manufacturing, service, construction, trucking, or other operations requiring both workspace and supporting offices. If you need a setup that can accommodate different functions under one ownership, this property’s multi-building design is built around that flexibility.
The property is located on a busy main roadway with visibility and access designed for commercial operations. The overall layout supports businesses that need a combination of customer-facing space, administrative areas, and functional shop or warehouse work areas.
With showroom/reception, office, shop, overhead crane capability, semi-truck loading, and multiple bay doors across the buildings, the configuration is well-suited to industrial, manufacturing, service, construction, trucking, or other operations requiring both workspace and supporting offices. If you need a setup that can accommodate different functions under one ownership, this property’s multi-building design is built around that flexibility.
Key Highlights
- Year built 2020 commercial property with three separate connected buildings for multiple business uses
- Front building includes showroom/reception, office, storage, bathroom, and break room
- Second building is a fully equipped shop with compressed air system, 1‑ton overhead crane, upstairs offices/rooms, restrooms, and utilities
Financial Insights For Industrial
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 | $45.6k | $21.24 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $43.2k | $20.11 |
| − OpEx | −$13.0k | −$6.03 |
| NOI | $30.2k | $14.08 |
2,148 SF · lease $21.24/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Industrial
$432.1K
$378.1K – $504.1K
NOI $30,244 @ 7.0% cap · market cap 4.76%
Second Best
Retail
$412.5K
$361.0K – $481.3K
NOI $28,877 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$528.2K
$462.2K – $616.3K
NOI $36,975 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74023, OK
12,117
Population
5,474
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
88%
High-School Grad
173.1 sq mi
ZIP Area
70
Density / Sq Mi
$48,859
Median Household Income
$34,202
Median Earnings
$759
Median Rent
$134,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Three connected buildings with office, shop, and multiple bays provide flexible space for industrial and service tenants.
Where is this flex space located?
The property is located at 302 E Main Street Cushing, OK.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Year built 2020 commercial property with three separate connected buildings for multiple business uses; Front building includes showroom/reception, office, storage, bathroom, and break room; Second building is a fully equipped shop with compressed air system, 1‑ton overhead crane, upstairs offices/rooms, restrooms, and utilities
