102 Main St Milburn, OK 73450
This exceptional mixed-use property in Milburn, Oklahoma presents a unique investment opportunity. Located at 102 N Main Unit 102, this 3,500 square foot building boasts a rich history, having served as a storefront in the early 1900s. Currently configured as a remodeled two-bedroom apartment, it features a complete kitchen, living room, and a split mini-unit heating and cooling system. All appliances are included, making it move-in ready or easily rentable. The property sits on a 0.16-acre lot (40 x 80 feet), and includes an additional adjacent lot, offering potential for expansion. Imagine transforming this extra space into a private courtyard or adding square footage to the existing structure. The commercial zoning allows for diverse uses, including a commercial storefront, Airbnb, or continued use as an apartment rental. An adjacent building and a separate 0.29-acre lot are also available for purchase, presenting an opportunity to significantly expand the property's footprint and potential. This is a rare chance to own a piece of Milburn's history and shape its future. The asking price for this remarkable property is $75,000.
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
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