401 E 8th St, Okmulgee, OK 74447
Retail storefront on a high-visibility corner lot with a bathroom and existing leased setup for income-focused ownership.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 3:35 am
Property Features for 401 E 8th St
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- RETAIL
Listing agent Jamie Goodnight License #159613 (918) 510-0887
Listing office Keller Williams Advantage (918) 510-0887
Listing date Jun 15, 2026
Source Moodyscre
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HighLights
- Retail storefront on a high‑visibility corner lot with an existing leased setup
- Approximately 7.5 years remaining on the current lease
- Includes 1 bathroom
- Potential to increase revenue by leasing additional office space and a storage unit
Overview
The site is described as having strong exposure and easy access, supporting visibility for passing customers and convenient entry for tenants. The property’s configuration and corner placement are consistent with a retail use that benefits from street-facing presence.
For investors or owner-operators seeking a retail asset with an existing tenant arrangement, this offering provides a straightforward setup: a storefront with bathroom service and a remaining lease term of about 7.5 years. Tenants or buyers considering the additional office and storage concept should evaluate the existing spaces and any permitting needs to confirm feasibility for the desired use mix.
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 | $45.4k | $16.80 |
| − Vacancy | −$2.7k | −$1.01 |
| EGI | $42.6k | $15.79 |
| − OpEx | −$12.8k | −$4.74 |
| NOI | $29.8k | $11.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Okmulgee
- County
- Okmulgee
- State
- Oklahoma
- Longitude
- -95.967192
- Latitude
- 35.621636
