221 Main St Spiro, OK 74959
This exceptional retail property located at 221 S Main Street in Spiro, Oklahoma, presents a unique investment opportunity. Priced at $112,000, this adaptable building offers a multitude of potential uses. Previously utilized as a retail space, dance studio, and medical office, its flexible layout allows for a wide range of commercial ventures. Imagine transforming this space into a thriving boutique, a charming flower shop, a delightful bakery or restaurant, or a specialized hobby shop. The possibilities are truly endless. Recent upgrades significantly enhance the property's value and appeal. A brand-new HVAC system was installed in 2023, ensuring year-round comfort and efficiency. The roof was completely replaced in 2021, providing long-term protection and peace of mind. Furthermore, energy-efficient LED lighting was installed in January 2023, reducing operating costs and contributing to a modern, well-lit interior. With minimal interior modifications, this building is ready to welcome its next tenant and flourish. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable Spiro location. Don't miss out on this chance to own a piece of Spiro's vibrant commercial landscape. Contact us today to schedule a viewing.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.