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Muskogee Commercial Property For Sale

627 S 32nd Street Muskogee, OK 74401

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Commercial property with frontage on Hwy 69, includes equipment.

Type:Business for Sale
Property size:
2,310 SF
Price / SF:
$164/SF
Added:
Mar 19, 2026
Days on Market:
115
Last Refresh:
Jul 4 at 10:23 pm

Property Features for 627 S 32nd Street

General Information

Standard status
Active
Size
2,310 SF
Property subtype
Business for Sale

Building Details

Year Built
1984

Listing office Interstate Properties Inc

Listing date Mar 19, 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 Interstate Properties Inc


Investment Insights

Based on property information with market context.

This commercial property features 140 feet of frontage along Highway 69. Currently operating as an oil lube and repair shop, the property includes two drive-thru bays with undercarriage access. The south end of the building has two overhead doors suitable for vehicle repairs or detailing. One side of the larger space is equipped with a car lift. The property is situated in a location with daily north and south traffic flow through Muskogee, Oklahoma. The building has a size of 2310 square feet. All equipment is included in the purchase.

Key Highlights

  • Highly visible commercial property with 140 ft frontage on Hwy 69
  • Fully functional oil lube & repair shop with existing business infrastructure
  • Includes all equipment necessary for operation (equipment list in documents)

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 $34.7k $15.00
− Vacancy −$901 −$0.39
EGI $33.7k $14.61
− OpEx −$10.1k −$4.38
NOI $23.6k $10.23
2,310 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$337.5K
$295.3K – $393.7K (±1% cap)
NOI $23,624 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$165.8K
$145.1K – $193.4K (±1% cap)
NOI $11,604 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$483.5K
$423.1K – $564.1K (±1% cap)
NOI $33,845 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Legendary Lube and Oil Auto Repair Shop

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Hair Salon Dental Office Auto Repair Shop Kitchen & Bath Showroom Nail Salon Auto Parts Store

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

Similar Off Market Nearby

  • Wiseman Muffler — 503 n 32nd st, muskogee, ok 74401
  • GUARDIAN INTERLOCK OF MUSKOGEE — 806 S 32nd St, Muskogee, OK 74401
  • Legendary Lube and Oil — 627 S 32nd St, Muskogee, OK 74401
  • Crowder Auto Glass — 1109 S 23rd St, Muskogee, OK 74401
  • EM Express Tire Shop LLC #2 — 500 S 32nd St, Muskogee, OK 74401

FAQs

What type of property is this?
Auto shop - Commercial property with frontage on Hwy 69, includes equipment.
Where is this auto shop located?
The property is located at 627 S 32nd Street Muskogee, OK.
What is the asking price?
The asking price for this property is $379,500.
What are key features of this property?
This property features: Highly visible commercial property with **140 ft frontage on Hwy 69**; Fully functional oil lube & repair shop with existing business infrastructure; Includes all equipment necessary for operation (equipment list in documents)
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