Flex Building with Workshop
For Sale
Contact for pricing
Pending
406 W 6th Street, Chelsea, OK 74016
Commercial, Chelsea, OK
Property Size1,200 SF
Lot Size0.04 Acres
Days on Market48
Property Features for 406 W 6th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFC Bldg
Interior features
Mini-Kitchen
Exterior features
Roof Sign
Subdivision
CHELSEA OT
Elementary school district
Chelsea - Sch Dist (22)
Middle school district
Chelsea - Sch Dist (22)
High school district
Chelsea - Sch Dist (22)
Directions
From Hwy 66 & 6th St stoplight, take 6th St west approx 1/2 mile, property on left (next to Post Office)
Standard status
Pending
APN
660026465
Size
1,200 SF
Lot size
0.04 Acres
Additional Details
Property Use
Office/Workshop
Taxes and HOA fees
Tax Year
2025
Tax Description
NLY 70' OF WLY 25' OF LOT 6 BLOCK 38 CHELSEA O T
Tax Annual Amount
330
Legal Description
NLY 70' OF WLY 25' OF LOT 6 BLOCK 38 CHELSEA O T
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1990
Flooring type
Laminate, Vinyl
Building materials
Frame
Roof type
Metal
Buildings
1
Listing Agency:
Coldwell Banker Select · Century 21 Real Estate
(918) 825-2847
Listed By:
Maria Chupp
(918) 697-6589
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 26 at 8:06PM
MLS# 2632112
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.
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Investment Insights
Based on property information with market context.
This 1,200-square-foot flex building combines office and workshop areas within a frame structure built in 1990. The property includes two bathrooms, a mini-kitchen, laminate and vinyl flooring, central heating, and central air conditioning. A 9-foot overhead door supports workshop or service-oriented use, while a metal roof and roof sign are additional physical features.
Located at 406 W 6th Street in Chelsea, the property sits along Route 66 and includes city utilities. The 0.04-acre site provides a compact commercial setting for the existing office and workshop configuration. OFC Bldg zoning is identified for the property.
Located at 406 W 6th Street in Chelsea, the property sits along Route 66 and includes city utilities. The 0.04-acre site provides a compact commercial setting for the existing office and workshop configuration. OFC Bldg zoning is identified for the property.
Key Highlights
- 1,200‑square‑foot flex building with office and workshop areas
- 9‑foot overhead door
- Two bathrooms and a mini‑kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,781
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,620
$135.6K
Cap Rate 7%
$96,871
$96.9K
Cap Rate 9%
$75,344
$75.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$11.4K $9.48/SF
− Vacancy
−$944 −$0.79/SF
EGI
$10.4K $8.69/SF
− OpEx
−$3.7K −$3.04/SF
NOI
$6.8K $5.65/SF
Area
Rogers County, OK
Vacancy
8.30%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,620
Cap Rate 7%
$96,871
Cap Rate 9%
$75,344
Alternative Uses
Best Use
Industrial
$102.6K
$89.8K – $119.7K
NOI $7,182 @ 7.0% cap · market cap 28.73%
Second Best
Flex RnD
$96.9K
$84.8K – $113.0K
NOI $6,781 @ 7.0% cap · market cap 27.12%
Theoretical Best
Specialty Retail
$300.5K
$263.0K – $350.6K
NOI $21,038 @ 7.0% cap · market cap 84.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74016, OK
5,919
Population
2,692
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
87%
High-School Grad
143.6 sq mi
ZIP Area
41
Density / Sq Mi
$59,701
Median Household Income
$31,685
Median Earnings
$779
Median Rent
$114,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Heated and cooled flex building with office, workshop, and two-bathroom configuration.
Where is this flex space located?
The property is located at 406 W 6th Street Chelsea, OK.
What are key features of this property?
This property features: 1,200‑square‑foot flex building with office and workshop areas; 9‑foot overhead door; Two bathrooms and a mini‑kitchen
