Remodeled Office
809 W Broadway Street Ardmore, OK 73401
New
809 W Broadway Street, Ardmore, OK, 73401
$250,000
For Sale
$250,000
Remodeled office building with newly painted interiors, on-demand hot water, and a wheelchair-accessible bathroom.
Property Size1,346 SF
Price / SF$185.74
Days on Market6
Property Features for 809 W Broadway Street
General Information
- Standard status
- Active
- Size
- 1,346 SF
Listing agency
Keller Williams Realty Ardmore
(580) 465-1092
Listed by
Tom Love · License #68755
(580) 465-1092
Source
Exprealty
Added: Jul 16 Updated: Jul 21 at 8:22AM Checked: Jul 21 at 8:22AM
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 Keller Williams Realty Ardmore
Investment Insights
Based on property information with market context.
This remodeled commercial office building has been refreshed throughout, including removal of existing floor coverings, cleaning of the floors, and newly painted interiors. The building also includes a wheelchair-accessible bathroom with on-demand hot water. Exterior improvements include newly added brick at the front, new gutters, and outdoor night lighting.
Located at 809 W Broadway Street in Ardmore, the property is described as being on the way to downtown Ardmore.
The building’s total size is listed at 1,346 square feet, and it is positioned as a straightforward office option for a tenant or buyer looking for a recently updated commercial space.
Located at 809 W Broadway Street in Ardmore, the property is described as being on the way to downtown Ardmore.
The building’s total size is listed at 1,346 square feet, and it is positioned as a straightforward office option for a tenant or buyer looking for a recently updated commercial space.
Key Highlights
- Remodeled commercial/office building with newly painted interiors
- Wheelchair‑accessible bathroom with on‑demand hot water
- New outdoor night lights
Local Financial Insights For Office B
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 | $29.1k | $21.60 |
| − Vacancy | −$5.2k | −$3.89 |
| EGI | $23.8k | $17.71 |
| − OpEx | −$6.0k | −$4.43 |
| NOI | $17.9k | $13.28 |
1,346 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$255.4K
$223.5K – $298.0K
NOI $17,880 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.2K
$302.0K – $402.7K
NOI $24,163 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Remodeled office building with newly painted interiors, on-demand hot water, and a wheelchair-accessible bathroom.
Where is this office units located?
The property is located at 809 W Broadway Street Ardmore, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Remodeled commercial/office building with newly painted interiors; Wheelchair‑accessible bathroom with on‑demand hot water; New outdoor night lights
