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302 E Main Street, Cushing, OK, 74023
Multi-Building Flex Commercial Property

302 E Main Street Cushing, OK 74023

For Sale
$635,000

COMMERCIAL - Cushing, OK

Property Size2,148 SF
Lot Size0.96 Acres
Price / SF$295.62
Days on Market48

Property Features for 302 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning UC
Parking features Carport
Interior features Public Restrooms
Exterior features Door Sign, Dumpster, Pole Sign, Storage
Standard status Active
APN 600012203
Size 2,148 SF
Lot size 0.96 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIG TOWN CUSHING BLK 2 LOTS 1-12
Tax Annual Amount 5942

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2020
Flooring type Concrete
Building materials Frame
Roof type Metal
Additional Structures Storage
Listing Agency: Epique Realty
Listed By: Jewell Jackson · License #200597
Added: Jun 12 Changed: Jun 25 Last Checked: Jul 29 at 5:06PM
MLS# 2621732

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 multi-building flex commercial property consists of three separate front buildings and a separate rear storage building. The front building includes a showroom/reception area, office, storage room, a bathroom, and a break room. The second building is built out as a shop with 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, a restroom, and upstairs storage. In addition, the separate rear storage building includes seven bays for equipment or inventory.

The property is located at 302 E Main Street in Cushing, Oklahoma. It sits on a busy main roadway with visibility and access to support both showroom-facing and service-oriented uses. The seller also notes limited inside photography due to ongoing operational businesses.

With office, showroom, shop, and multiple bay configurations under one ownership footprint, the space can fit a range of industrial, manufacturing, service, construction, and trucking-related business needs. Buyers also have the option to review the seller’s stated willingness to combine this listing with MLS # 2621736 for broader assembly.

Key Highlights

  • Multi‑building commercial property built in 2020 with central heating and central air
  • Front building with showroom/reception area, office, storage, bathroom, and break room
  • Second building includes fully equipped shop with compressed air system and 1‑ton overhead crane plus offices, restrooms, and all utilities

Financial Insights For Warehouse

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 −$6.5k −$3.02
NOI $36.7k $17.10
2,148 SF · lease $21.24/SF/yr · vacancy 5.30% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$524.6K
$459.1K – $612.1K (±1% cap)
NOI $36,725 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$432.1K
$378.1K – $504.1K (±1% cap)
NOI $30,244 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$528.2K
$462.2K – $616.3K (±1% cap)
NOI $36,975 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Spa & Massage Center Nail Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Flex space - Three connected buildings plus rear storage offer showroom, office, shop, and multiple bay doors for versatile operations.
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: Multi‑building commercial property built in 2020 with central heating and central air; Front building with showroom/reception area, office, storage, bathroom, and break room; Second building includes fully equipped shop with compressed air system and 1‑ton overhead crane plus offices, restrooms, and all utilities
More about this property
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