328 Main St Seminole, OK 74868
- Investment properties
- 12,000 SF
- 0.24 lot acres
Current Use by Public Records
- Investment properties
Property Details for 328 Main St
- Year built
- 2019
- Lot size
- 0.24 lot acres
- Property size
- 12,000 SF
- Property type
- Investment properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seminole
- County
- Seminole
- State
- Oklahoma
- Longitude
- -96.6682
- Latitude
- 35.2263
