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    Retail-Office Building with Window Frontage Title is generated by Realmo AI

    321 S Lynn Riggs Boulevard, Claremore, OK 74017

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    A street-exposed downtown building with huge window frontage, reception area, and multiple office rooms with rear expansion space.

    Type:Mixed Use, Office, Retail
    Property size:
    3,200 SF
    Price / SF:
    $218/SF
    Added:
    Jun 5, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 20 at 4:04 am

    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

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    Listing Contact
    Dawna Barnes

    Listing agent Dawna Barnes License #OK 148516

    Listing office Lakeland Real Estate Neok

    Listing date Jun 5, 2026

    Source Crexi

    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

    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
    • 1.5 baths and separate entrance for the office area
    • Rear expansion area for additional space

    Overview

    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.

    Local 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 (±1% cap)
    NOI $44,913 @ 7.0% cap · market cap 6.43%
    Second Best
    Office B
    $602.9K
    $527.5K – $703.4K (±1% cap)
    NOI $42,203 @ 7.0% cap · market cap 6.04%
    Theoretical Best
    Specialty Retail
    $801.5K
    $701.3K – $935.0K (±1% cap)
    NOI $56,102 @ 7.0% cap · market cap 8.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Affordable Bail Bonds ... Law Firm Affordable Medical Cannabis ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Claremore
    County
    Rogers
    State
    Oklahoma
    Longitude
    -95.617963
    Latitude
    36.31029

    FAQs

    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
    (918) 906-7906 Call to check price and availability
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