10991 Us-69 Miami, OK 74354
- Retail properties
- 1,760 SF
Current Use by Public Records
- Retail properties
Property Details for 10991 Us-69
- Year built
- 1970
- Property size
- 1,760 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This fully occupied, 1,760 square-foot convenience store in Miami, OK, presents a compelling investment opportunity. Priced at $550,000 ($312.50/sq ft), the property boasts a prime location on Highway 69, near major amenities including Taco Bell, Sonic, Dollar General, Integris Health Miami Hospital, and the Stable Casino. Built in 1970 and renovated in 2007, the multi-tenant building currently houses a convenience store and a marijuana dispensary, both operating under 100% occupancy. The property includes six gas pumps (no gasoline contract) and eight parking spaces. Additional income is generated by a food truck with a monthly lease. Situated in Ottawa County, this thriving business benefits from high visibility and foot traffic in a community with a population of 12,969 and an average household income of $44,010. The proximity to Miami Regional Airport, Northeastern Oklahoma A&M College, and various residential areas further enhances its investment potential. This turnkey operation offers immediate cash flow and significant upside for the discerning investor.
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
- Miami
- County
- Ottawa
- State
- Oklahoma
- Longitude
- -94.9041
- Latitude
- 36.8591