Retail-Office Building with Window
For Sale
Contact for pricing
321 S Lynn Riggs Boulevard, Claremore, OK 74017
A street-exposed downtown building with huge window frontage, reception area, and multiple office rooms with rear expansion space.
Property Size3,200 SF
Price / SF$218.44
Days on Market62
Property Features for 321 S Lynn Riggs Boulevard
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Mixed Use, Office, Retail
Building Details
Year Built
1960
Listing Agency:
Lakeland Real Estate Neok
(918) 906-7906
Listed By:
Dawna Barnes · License #OK 148516
Source:
Crexi
Added: Jun 5
Changed: Jul 10
Last Checked: Aug 5 at 10:00AM
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 Lakeland Real Estate Neok
Investment Insights
Based on property information with market context.
This downtown Claremore building is set up to support a customer-facing retail use while also providing dedicated office space. The property features huge window frontage designed for street visibility, 1.5 baths, and a main reception area. It also includes four-plus offices, along with an expansion area in the rear of the building for additional operational needs.
Located on Route 66 at 321 S Lynn Riggs Boulevard, the building offers great street exposure and plenty of off-street parking. There is a separate entrance for the office area, which can help streamline customer and staff access.
For an owner-user or tenant seeking a combined storefront and office environment, the layout supports front-of-house interaction with a separate office entry and multiple enclosed rooms. The rear expansion area provides room to adapt the space as your business requirements change, while the 1.5-bath configuration helps support day-to-day operations.
Located on Route 66 at 321 S Lynn Riggs Boulevard, the building offers great street exposure and plenty of off-street parking. There is a separate entrance for the office area, which can help streamline customer and staff access.
For an owner-user or tenant seeking a combined storefront and office environment, the layout supports front-of-house interaction with a separate office entry and multiple enclosed rooms. The rear expansion area provides room to adapt the space as your business requirements change, while the 1.5-bath configuration helps support day-to-day operations.
Key Highlights
- Downtown Claremore commercial building on Route 66, built in 1960
- Street‑exposed location with huge window frontage for retail visibility
- Reception area plus four or more office rooms
Financial Insights For Retail
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 | $68.0k | $21.24 |
| − Vacancy | −$3.8k | −$1.19 |
| EGI | $64.2k | $20.05 |
| − OpEx | −$19.2k | −$6.02 |
| NOI | $44.9k | $14.04 |
3,200 SF · lease $21.24/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$641.6K
$561.4K – $748.6K
NOI $44,913 @ 7.0% cap · market cap 6.43%
Second Best
Office B
$602.9K
$527.5K – $703.4K
NOI $42,203 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$801.5K
$701.3K – $935.0K
NOI $56,102 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74017, OK
29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Florists Choice — 316 N Missouri Ave, Claremore, OK 74017
- Blooms Studio — 609 S Brady St #121, Claremore, OK 74017
- Crooked Roots Design — 323 W Will Rogers Blvd, Claremore, OK 74017
Frequently Asked Questions
What type of property is this?
Storefront property - A street-exposed downtown building with huge window frontage, reception area, and multiple office rooms with rear expansion space.
Where is this storefront property located?
The property is located at 321 S Lynn Riggs Boulevard Claremore, OK.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Downtown Claremore commercial building on Route 66, built in 1960; Street‑exposed location with huge window frontage for retail visibility; Reception area plus four or more office rooms
