702 Carl Hubbel Blvd Meeker, OK 74855
This exceptional 2,500-square-foot mixed-use commercial building in Meeker, Oklahoma, presents a unique investment opportunity. Located on the highly visible Highway 62/Main Street, this property boasts a prime location with high traffic volume. Completely remodeled in 2022, the building features a single story, and is situated on a 2,500-square-foot lot. The building's permitted commercial zoning allows for a variety of uses, including restaurant, storefront, and pharmacy/drug store operations. The interior includes substantial commercial-grade equipment, such as a walk-in refrigerator, security system, rear loading equipment, vent hoods, cooking tops, gas and electric ovens, shelving, and a front lobby bar top cabinet. All of this equipment is included in the sale. The building's electrical system has been upgraded to handle significant power demands. Enhanced security features include gated access at both the front and rear of the building. This turnkey operation is offered at $199,900, with seller financing available. The property is a fee simple ownership with a NNN lease option. Built in 1923, this building offers a blend of historic charm and modern functionality. The property's APN is 450000004023000000. This is a truly remarkable opportunity for an owner/user seeking a profitable and well-equipped commercial space. Don't miss this chance to own a piece of Meeker's vibrant business community.
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.