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    OFF-MARKET
    Commercial real estate

    600 Choctaw Ave, Sallisaw, OK 74955

    0.16 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This 2400+ square foot commercial building, situated directly across from a grocery store in Sallisaw, Oklahoma, presents a remarkable investment opportunity. Currently configured and nearly fully furnished as a hair salon, the property boasts extensive electrical upgrades, including numerous 220-volt outlets ideal for tanning beds or spa equipment. The building also features updated HVAC and plumbing systems. A washer and dryer connection is included, and the property is all-electric. The 0.16-acre lot offers significant potential. The City of Sallisaw may grant a residential zone permit or mixed-use designation, allowing for a unique blend of residential and commercial uses. This presents a chance to either revitalize the existing salon business or creatively repurpose the space for a variety of commercial ventures. The high-traffic location, coupled with the building's versatile layout and recent renovations, makes this an exceptional opportunity for an entrepreneur seeking a thriving business in a growing community. The property is priced at $160,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Lot 0.16 ac (6,970 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cutter's Cottage Hair Salon Nail Salon
    • Screaming Flamingo Production House Photography Service (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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