109 Muskogee Ave Okmulgee, OK 74447
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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