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Property profile

109 Muskogee Ave Okmulgee, OK 74447

OFF-MARKET
Retail properties & Spaces
3,236 SF 0.09 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional 3,236 square foot retail property, located at 109 S Muskogee Avenue in historic downtown Okmulgee, Oklahoma, presents a unique investment opportunity. The building, situated on a 0.09-acre lot, boasts a rich history and offers significant potential for redevelopment or continued use as a commercial space. Previously operated as a dry cleaner's, the property includes all existing equipment, providing a turnkey solution for a similar business or a blank canvas for creative entrepreneurs. A notable feature is the inclusion of a separate upstairs apartment complete with a full bathroom, offering additional income potential or private office space. The building retains much of its original character, presenting an opportunity for restoration and modernization. While the roof requires some attention due to minor leaks, the property includes four convenient parking spaces directly in front. This property is priced at $69,500 and offers a compelling blend of history, functionality, and potential. The combination of retail space and an apartment makes this a versatile property suitable for a variety of uses. Don't miss this chance to own a piece of Okmulgee's vibrant downtown.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 3,236 SF
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

109 Muskogee Ave Okmulgee, OK 74447
Okmulgee metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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