Current Use by Public Records
- Dave's Meat Market & Deli / Grocery & Convenience Store / Food Market
Property Details for 822 Broadway St
- Year built
- 1960
- Lot size
- 2.48 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a prime multi-unit shopping center situated on bustling South Broadway Street in Poteau, Oklahoma. Boasting a remarkable 2.48-acre lot and a total of 16,982 square feet across seven individual units, this property offers significant income potential. The high-traffic location, with a daily count of 12,600 vehicles, ensures exceptional visibility and accessibility for tenants. Most units are currently operating under triple net leases, providing a consistent and reliable revenue stream with minimal management responsibilities for the owner. Recent updates have been completed by the current owner, enhancing the overall appeal and functionality of the property. Its strategic location offers convenient access to Highway 59, placing it within minutes of Carl Albert State College and the crucial Highway 59 and 271 junction, as well as the 59 Bypass. This prime location, coupled with the strong tenant base and recent improvements, makes this shopping center an attractive investment for those seeking a high-yield, low-maintenance commercial property in a thriving Oklahoma community. The property is priced at $750,000 and presents a compelling opportunity for portfolio expansion or a significant individual investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Poteau
- County
- Leflore
- State
- Oklahoma
- Longitude
- -94.6286
- Latitude
- 35.0497
