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601-619 Hartford Ave Ponca City, OK 74601

Sponsored
For Sale
$785,000

8-Unit Retail Center, Value-Add Opportunity

Property size:
14,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This 14,000 square foot shopping center in Ponca City, Oklahoma presents a compelling value-add investment opportunity. Located at the hard corner of Hartford and 6th Street, this single-story, 1969-built Class B property features eight units currently at 69.29% occupancy. The precast concrete structure boasts no interior load-bearing walls (excluding the central firewall), offering flexibility for future renovations or tenant improvements. Each of the eight units has its own gas and electric meters, and the landlord covers water expenses. The property sits on a 0.71-acre lot and is zoned C-1, allowing for a variety of retail and commercial uses. The asking price is $785,000, representing a price per square foot of $56.07 and a 7.00% cap rate. The property's strategic location near Alliance Health, churches, other retail establishments, and restaurants ensures high visibility and potential for increased occupancy. The seller will consider owner financing. This multi-tenant retail center offers a strong foundation for a savvy investor seeking to enhance value and generate substantial returns.

Property Features for 601-619 Hartford Ave

General Information

Property type
Lifestyle centers
Square Feet
14,000 SF
Class
B
Lot Size
30,928 SF

Building Details

Year Built
1969
Buildings
1
Stories
1
Units
8

HighLights

  • 14,000 SF shopping center in Ponca City, OK, offering a value‑add investment opportunity.
  • Located on a hard corner (Hartford & 6th Street), this single‑story, Class B property (built 1969) features eight units with 69.29% occupancy.
  • Precast concrete structure with flexible floorplan (no interior load‑bearing walls, excluding central firewall); each unit has individual gas & electric meters; landlord pays water.
  • 0.71‑acre lot, C‑1 zoning; asking price: $785,000 ($56.07/SF, 7.00% cap rate).
  • High visibility location near Alliance Health, churches, and other retail; owner financing considered.
Property Profile Location Intelligence

Current Use by Public Records

Lifestyle centers

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Ponca City
County
Kay
State
Oklahoma
Longitude
-97.0771346
Latitude
36.7243271

FAQs

What type of property is this?
Lifestyle center - 8-Unit Retail Center, Value-Add Opportunity
Where is this lifestyle center located?
The property is located at 601-619 Hartford Ave Ponca City, OK.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 14,000 SF shopping center in Ponca City, OK, offering a value-add investment opportunity.; Located on a hard corner (Hartford & 6th Street), this single-story, Class B property (built 1969) features eight units with 69.29% occupancy.; Precast concrete structure with flexible floorplan (no interior load-bearing walls, excluding central firewall); each unit has individual gas & electric meters; landlord pays water.
More about this property
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