Current Use by Public Records
- Specialty properties
Property Details for 1401 Cherokee Ave
- Year built
- 1950
- Property type
- Specialty properties
- Property subtype
- Schools
Description
This exceptional investment opportunity presents the historic L'Ouverture School in McAlester, Oklahoma. Built in 1950, this 24,595 square foot building sits on a spacious 50,000 square foot lot and is offered at an attractive price of $390,000, or $15.86 per square foot. Currently vacant, the property is being sold in distressed condition and presents a unique blank canvas for adaptive reuse. The building's substantial size and central location in McAlester offer significant potential for a variety of development projects, including but not limited to residential conversions (apartments), commercial office space, or other creative ventures. Buyers should be aware that the building is vacant and entry is at their own risk. This is a rare chance to acquire a piece of McAlester's history and capitalize on its redevelopment potential. The asking price represents a significant value proposition for investors seeking a substantial property in a growing Oklahoma market. The property's address is 1401 E Cherokee Ave, McAlester, OK 74501. Serious inquiries are encouraged to explore this exciting opportunity. The property is zoned for [Zoning information not provided]. Further due diligence is recommended.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAlester
- County
- Pittsburg
- State
- Oklahoma
- Longitude
- -95.7504
- Latitude
- 34.9253
