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    501 Main St Shawnee, OK 74801

    For Sale
    $275,000

    8,500 SF Retail Space - Downtown Shawnee

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8,500 square foot storefront, located at 501 E Main St, Shawnee, OK 74801, presents a remarkable investment opportunity. Built in 1920, this Class C retail property boasts two stories and offers a flexible, open layout ideal for a variety of commercial uses. The building features both side and back entrances for convenient access, enhancing customer and delivery experiences. An elevator and conveyor belt are present on the premises, though their current operational status requires assessment. Situated in the heart of downtown Shawnee, this property benefits from high visibility and foot traffic, placing your business within a thriving commercial district. The asking price is $275,000. This property's expansive size and prime location make it an exceptional opportunity for entrepreneurs seeking a prominent presence in the Shawnee, Oklahoma market. The property's two-story design and open layout provide ample space for customization, allowing businesses to tailor the space to their specific needs. The convenient access points and existing elevator and conveyor belt offer additional operational advantages. This is a chance to establish a business in a vibrant and well-connected area of Shawnee.

    Property Features for 501 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,500 SF
    Class
    C

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    2

    HighLights

    • 8,500 square foot storefront at 501 E Main St, Shawnee, OK 74801.
    • Class C retail building, two stories, built in 1920, asking price $275,000.
    • Flexible, open layout suitable for various commercial uses.
    • Features side and back entrances, an elevator, and a conveyor belt (operational status to be verified).
    • High visibility location in downtown Shawnee with strong foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Pottawatomie
    State
    Oklahoma
    Longitude
    -96.9169576
    Latitude
    35.3272946

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    FAQs

    What type of property is this?
    Individual retail property - 8,500 SF Retail Space - Downtown Shawnee
    Where is this individual retail property located?
    The property is located at 501 Main St Shawnee, OK.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 8,500 square foot storefront at 501 E Main St, Shawnee, OK 74801.; Class C retail building, two stories, built in 1920, asking price $275,000.; Flexible, open layout suitable for various commercial uses.
    Request Owner's contact information
    501 Main St Shawnee, OK 74801
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    Shawnee, OK 74801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 Main St Shawnee, OK 74801
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