601-619 Hartford Ave Ponca City, OK 74601
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8-Unit Retail Center, Value-Add Opportunity
Property size:
14,000 SFProperty 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
Listing Agency: Cummins-Setters Commercial Listing Agent: Linda Mask
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Location Intelligence
Current Use by Public Records
Lifestyle centers
Location Insight
- Map
- Local Demand
- City
- Ponca City
- County
- Kay
- State
- Oklahoma
- Longitude
- -97.0771346
- Latitude
- 36.7243271
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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.