505 2 St Goodwell, OK 73939
This exceptional commercial property, located at 505 West 2nd Street in Goodwell, Oklahoma, presents a unique investment opportunity. The building boasts a substantial 17,664 square feet of office space, ideally situated directly across the street from Oklahoma Panhandle State University. Its C-3 commercial zoning offers considerable flexibility for a variety of uses. The interior has been thoroughly cleaned and is ready for immediate occupancy, providing a blank canvas for a new owner's vision. The property includes convenient amenities such as a large walk-in refrigerator, double sinks, and a shower and toilet, adding versatility to its potential applications. The asking price is $75,000, representing a compelling value for this significant amount of space in a prime location. Given its proximity to the university, this property is well-suited for businesses catering to students, faculty, or the wider community. The address is 505 West 2nd Street, Goodwell, OK 73939, within county 40139. This presents a rare chance to acquire a substantial commercial property in a thriving area at an attractive price point. The property is ready for immediate development or lease, making it an excellent investment for both short-term and long-term growth.
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
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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.