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    328 Main St, Seminole, OK 74868

    12,000 SF 0.24 ac lot Built 2019
    Property ID
    Property summary
    AI-generated overview

    This well-maintained, 12,000 square foot multi-use building presents a compelling investment opportunity in Seminole, Oklahoma's central business district. Situated on a 0.24-acre lot at 328 N Main Street, the property boasts prime visibility and convenient access. The ground floor features two approximately 3,000 square foot commercial spaces, adaptable to a variety of businesses. Currently, one space is available for lease, while the other is occupied, generating a monthly income of $3,000. The upper floor comprises four apartments: two three-bedroom, one-bathroom units and two one-bedroom, one-bathroom units. Each apartment offers an open floor plan, large living areas, private balconies, walk-in closets in the master bedrooms, and in-unit laundry facilities with included appliances. Five of the six units are currently occupied, with monthly rental income ranging from $900 to $1000 per unit. Ample parking is available for tenants, employees, and customers, with spaces located both in the rear of the building and on Main Street. The property is surrounded by restaurants, retail shops, law offices, and the city's municipal building, ensuring high foot traffic and strong tenant demand. This is a rare chance to acquire a profitable, multi-faceted investment in a thriving community actively attracting new businesses. The asking price is $1,000,000.

    Property profile
    Verified
    Property type Investment properties
    Year built 2019
    Total area 12,000 SF
    Lot 0.24 ac (10,454 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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