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Mixed-Use Commercial Property with Laundromat
New
For Sale
$1,100,000

6300 E Reno Ave, Midwest City, OK 73110

COMMERCIAL - Midwest City, OK

Property Size8,091 SF
Lot Size0.48 Acres
Price / SF$135.95
Days on Market2

Property Features for 6300 E Reno Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Driveway
Subdivision Midwest City
Lot features Corner Lot
View City
High school district 000000
Directions Heading east on Reno Ave, pass Sooner Rd, building is on the corner of Char Ln and Reno Ave.
Standard status Active
APN 000000-000.000-0000-001.000
Size 8,091 SF
Lot size 0.48 Acres

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

large illuminated roadside sign
three overhead doors
20-foot ceilings
reinforced metal safe room

Building Details

Year built 1973
Flooring type Tile
Building materials Aluminum
Listing Agency: KirkAngel LLC
Listed By: Robert Angelo · License #158664
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 6 at 3:06AM
MLS# 11920953

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes an established laundromat, convenience store, and smoke shop within an 8,091+/- SF building on a 20,825+/- SF lot. The laundromat contains 40 Dexter washers and 20 dryers, while the property also provides tile flooring, forced-air natural gas heating, public water, and 23 parking spaces. A garage or service area offers approximately 20-foot ceilings and three overhead doors, with additional space suitable for dry-cleaning services or complementary retail operations.

Recent capital work includes a 2024 roof, 2024 fire suppression system, new HVAC, and full spray foam insulation installed in 2024. Other physical features include updated electrical service, separate interior and exterior breakers, lint filtration and drainage systems, a hot water heater and boiler, exterior ventilation, and a reinforced metal safe room. The property is located at 6300 E Reno Ave in Midwest City, OK, near established neighborhoods and fully occupied apartment communities.

Key Highlights

  • 8,091+/- SF mixed‑use building on a 20,825+/- SF lot
  • Established laundromat with 40 Dexter washers and 20 dryers
  • Convenience store and smoke shop operate within the property

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 $135.0k $16.68
− Vacancy −$13.0k −$1.60
EGI $122.0k $15.08
− OpEx −$36.6k −$4.52
NOI $85.4k $10.56
8,091 SF · lease $16.68/SF/yr · vacancy 9.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,401 @ 7.0% cap · market cap 7.76%
Second Best
Specialty Retail
$1.22M
$1.06M – $1.42M (±1% cap)
NOI $85,107 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.69M
$1.47M – $1.97M (±1% cap)
NOI $117,964 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Plumbing Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 43% Shops & Services 38% Dining 19%
Goodwill Apparel
9,574 visits/mo 0.4 miles
Family Dollar Shops & Services
6,117 visits/mo 0.0 miles
Arby's Dining
4,288 visits/mo 0.2 miles
Cash America Shops & Services
2,478 visits/mo 0.5 miles

Demographics for 73110, OK

33,156
Population
15,826
Households
2.1
Avg Household Size
35
Median Age
20%
College-Educated
91%
High-School Grad
15.5 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,436
Median Household Income
$35,043
Median Earnings
$1,007
Median Rent
$119,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, service, and customer-facing business areas occupy a renovated commercial building with multiple operating components.
Where is this mixed-use property located?
The property is located at 6300 E Reno Ave Midwest City, OK.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 8,091+/- SF mixed‑use building on a 20,825+/- SF lot; Established laundromat with 40 Dexter washers and 20 dryers; Convenience store and smoke shop operate within the property
More about this property
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