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    Retail Building with Office Expansion Title is generated by Realmo AI

    321 S Lynn Riggs Boulevard, Claremore, OK 74017

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    Claim this Listing
    New
    For Sale
    $699,000

    COMMERCIAL - Claremore, OK

    Property size:
    3,200 SF
    Lot size:
    0.93 Acres
    Price / SF:
    $218/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 11:06 am

    Property Features for 321 S Lynn Riggs Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Retail
    Parking features
    Off Street, Garage
    Security features
    Security System
    Interior features
    9' Ceiling Height, Display Window, High Speed Internet, Security System-Owned, Smoke Detector, Suspended Ceiling, Vaulted Ceiling
    Exterior features
    Door Sign, Lighting, Pole Sign, Sidewalk, Storage
    Standard status
    Active
    APN
    660007110
    Size
    3,200 SF
    Lot size
    0.93 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 4 Block 135 Claremore OT Less the North 5' Thereof. 21N-16E-08 Rogers County
    Tax Annual Amount
    1735

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Zoned, Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl
    Building materials
    Concrete
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Dawna Barnes

    Listing agent Dawna Barnes License #148516

    Listing office Keller Williams Premier 2002 S Hwy 66, Claremore, OK

    Listing date Jun 4, 2026

    MLS# 2620430

    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.

    HighLights

    • Downtown Claremore building on Route 66 with pole sign, door sign, lighting, and sidewalk
    • Huge window frontage plus a reception area and four‑plus offices, with a rear expansion area
    • 1.5 baths in the main area and a separate entrance for the office area with an additional 1.5 bath
    • Concrete construction with concrete and vinyl flooring; 9' and vaulted ceiling height features
    • Central heating and zoned central air, with a security system (owned) and smoke detectors
    • Off‑street parking and a garage; storage on site; cable available

    Overview

    This downtown retail building includes a large window frontage and a flexible interior layout with a reception area, four or more offices, and rear expansion space. The property also features 1.5 baths and a separate entrance serving the office portion.

    The building is located on Route 66 in Claremore, Oklahoma, with reported great street exposure. In addition to the main storefront presence, there is plenty of off-street parking available for visitors and staff.

    The configuration suits a retail operator that wants customer-facing frontage with office space for management, appointments, or day-to-day operations. The separate office entrance and rear expansion area can also support tenants or owners looking for additional room to grow within the same building.

    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.
    Property Profile 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 - Downtown retail building offers large window frontage, reception and multiple offices, plus an expansion area at the rear.
    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 building on Route 66 with pole sign, door sign, lighting, and sidewalk; Huge window frontage plus a reception area and four‑plus offices, with a rear expansion area; 1.5 baths in the main area and a separate entrance for the office area with an additional 1.5 bath
    More about this property
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