Multi-Building Flex Commercial
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
(888) 893-3537
Listed By:
Jewell Jackson · License #200597
(888) 893-3537
Added: Jun 12
Changed: Jun 25
Last Checked: Jul 29 at 5:06PM
MLS# 2621732
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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.
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
NOI $36,725 @ 7.0% cap · market cap 5.78%
Second Best
Industrial
$432.1K
$378.1K – $504.1K
NOI $30,244 @ 7.0% cap · market cap 4.76%
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
Location Intelligence
Current Use
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