500 Moccasin Ave Tahlequah, OK 74464
This exceptional redevelopment project, "The Forge," offers 80,724 square feet of retail space in a three-story building plus basement, located in downtown Salem's vibrant Central Business District. The property, situated on a 0.47-acre lot at the signalized intersection of Liberty and Chemeketa Streets, boasts a newly renovated exterior. The first floor is ideal for food and beverage establishments, with roll-up doors allowing for flexible indoor/outdoor seating. The second floor features 23 meticulously designed salon suites, each equipped with essential amenities. The third floor is already leased to a local CPA and Wealth Management firm. Units range from a minimum of 182 square feet to a maximum contiguous space of 6,850 square feet, with 23,470 square feet currently vacant. The building, constructed in 1954, is zoned CB (Central Business District) and benefits from convenient access to a 550-stall parking garage and ample street parking. This high-visibility location presents a unique opportunity for businesses seeking a prominent presence in Salem's thriving downtown core. The property's flexible space and diverse tenant mix create a dynamic and attractive environment for potential occupants. Don't miss this chance to be part of this exciting revitalization project.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.