507 Broadway St Okemah, OK 74859
- Commercial real estate
- 16,392 SF
- 0.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 507 Broadway St
- Year built
- 1920
- Lot size
- 0.40 lot acres
- Property size
- 16,392 SF
- Property type
- Commercial real estate
Description
This exceptional retail opportunity in Okemah, Oklahoma, presents a chance to acquire a well-established, family-owned business. Located at 507 W Broadway Street, the property boasts a substantial 16,392 square feet of space situated on a 0.4-acre lot, providing ample room for both display and storage. The business is being offered for sale due to the owner's health concerns, presenting a unique chance for a serious retailer to step into a ready-made operation. The sale includes all inventory, equipment, and the property itself – a complete turnkey solution. Importantly, the business operates without any debt associated with its inventory. The current operational structure includes two full-time employees, one contract laborer, and one part-time contract bookkeeper, providing a solid foundation for continued success. The asking price for this comprehensive package is $699,000, representing a compelling investment in a proven, profitable business with significant potential for growth. The prime location ensures high visibility and accessibility, making this an ideal opportunity for an ambitious entrepreneur seeking a thriving retail venture. All aspects of the business, from inventory and equipment to the building and land, are included in the sale price.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Okemah
- County
- Okfuskee
- State
- Oklahoma
- Longitude
- -96.3064
- Latitude
- 35.4313