109 Broadway St Lexington, OK 73051

Property Details for 109 Broadway St

Year built

1894

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 lot acres

Property size

6,722 SF

Property type

Retail space

APN

LX57AAAOT 42 27001

APU

LX57AAAOT4227001

Description

This versatile 6,722 square foot commercial building located at 109 W Broadway in Lexington, Oklahoma, presents a unique investment opportunity. Currently undergoing repairs to address previous roof leaks, this property boasts a rich history as a restaurant, complete with a still-in-place commercial ventilation system. The expansive interior space is adaptable to a wide range of commercial uses, such as an antique mall, craft mall, or other retail ventures. The building requires some tenant improvements to reach its full potential. Adding to its appeal is a sizable two-bedroom, two-bathroom apartment situated at the rear of the building. This apartment offers convenient access to a garage, providing ample storage space. Note that the garage requires the installation of a new door. The entire building is equipped with three central heating and air conditioning units, ensuring climate control throughout. The property sits on a 0.16-acre lot, offering potential for outdoor expansion or additional parking. This property is priced affordably at $69,900, making it an attractive proposition for savvy investors seeking a high-return opportunity with significant upside potential. The building's flexible layout and existing infrastructure make it an ideal canvas for a creative entrepreneur or investor looking to establish a thriving business in a prime Lexington location.

Location Insight

City

Lexington

County

Cleveland

State

Oklahoma

Longitude

-97.3362

Latitude

35.0153

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments