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    116 Main St Coalgate, OK 74538
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    116 Main St, Coalgate, OK 74538

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    • Office Spaces
    • 1,440 SF
    • 0.06 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Office Spaces

    Property Details for 116 Main St

    Year built
    1920
    Lot size
    0.06 lot acres
    Property type
    Office Spaces

    Description

    This exceptional 1,440 square foot office building is situated in the heart of Coalgate, Oklahoma's vibrant downtown area. Located at 116 N Main Unit 116, this property offers a unique blend of historic charm and modern functionality. The building features large windows that flood the interior with natural light, complemented by attractive vaulted ceilings and original exposed masonry perimeter walls. Previously used as a restaurant, the space retains a commercial vent hood, a valuable asset for potential food service businesses. Two indoor/outdoor units ensure efficient cooling throughout the building. A significant advantage is the inclusion of a small apartment on the second floor, located on the east side of the building, adding versatility and potential rental income. The flexible layout makes this space ideal for a variety of commercial uses, from offices to a restaurant conversion. Ample parking is available on Main Street and to the north of the building. The 0.06-acre lot provides convenient access and visibility in this thriving small town, which boasts a welcoming atmosphere with a range of amenities including donut shops, restaurants, boutiques, and outdoor recreational areas. This property presents a rare opportunity to own a piece of Coalgate's history while capitalizing on its promising future. The asking price is $145,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Coalgate
    County
    Coal
    State
    Oklahoma
    Longitude
    -96.2177
    Latitude
    34.5399
    More about this property
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