Property Details for 213 Main St

Lot size

1.76 lot acres

Property size

15,824 SF

Property type

Retail properties & Spaces

Property subtype

Office properties & Spaces

Description

This exceptional 15,824-square-foot mixed-use property, located at 213 E Main St in Calera, Oklahoma, presents a compelling investment opportunity with a 6.00% cap rate and a net operating income (NOI) of $173,468. Originally designed as an urgent care facility, this versatile building offers 14 exam rooms, a lab, a trauma bay, a radiology suite with two lead X-ray rooms, and multiple offices, making it ideally suited for a variety of medical uses. A large reception area ensures efficient patient flow, while the upstairs space, currently configured as office space and an apartment, provides additional flexibility. This could be utilized as additional office suites, converted into apartments for rental income, or used to house on-site staff. A functioning pharmacy is also on-site, with the current owner open to continuing the lease, providing an immediate revenue stream. The property sits on a 1.76-acre lot, offering potential for future expansion or development. High-speed internet and phone systems are in place via fiber optic connectivity. The property's location within the Choctaw Nation trade area, minutes from the Choctaw Casino (attracting 6 million visitors annually), ensures high visibility and access to a large customer base. This presents a unique opportunity for a healthcare provider or other business seeking a high-traffic location with significant existing infrastructure. The asking price is $3,538,600.

Location Insight

City

Calera

County

Bryan

State

Oklahoma

Longitude

-96.4257

Latitude

33.9331