291 Court St Atoka, OK 74525
This exceptional investment opportunity presents a 2,860 square foot, two-story storefront located at 291 E Court St, Atoka, OK 74525. The property, built in 1900, sits on a 0.07-acre lot (APN: 1001-00-025-006-0-004-00) and boasts impressive features including 15-foot ceilings on the ground floor and 13-foot ceilings on the second floor. The ground floor is currently leased to Jackson's Family Dining. The upper level comprises spacious apartments. The building showcases exposed brick walls, abundant natural light, a custom-built bar, and a full kitchen. This prime downtown location benefits from its proximity to Reba's Place, which opened in January 2023, and is adjacent to significant new developments. These include a planned Marriott hotel directly behind the property, along with a new waterpark, airport, and downtown amphitheater. The property is zoned for residential use. The asking price is $949,999. This presents a unique chance to capitalize on the revitalization of Atoka, Oklahoma, experiencing a surge in tourism due to Reba McEntire's hometown renovation. The property's hard corner lot and high ceilings offer significant potential for future growth and development.
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Jackson Family Dining Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.