620 Main St Ardmore, OK 73401
- Retail space
- 4,995 SF
- 0.28 lot acres
Current Use by Public Records
- Bargain Lady / Consignment Shop / Children'S Store
Property Details for 620 Main St
- Year built
- 1935
- Lot size
- 0.28 lot acres
- Property size
- 4,995 SF
- Property type
- Retail space
- APN
- 0010-00-372-002-0-002-00
- APU
- 1000372002000200
Description
This exceptional 4,995 square foot retail property is ideally situated in Ardmore, Oklahoma, at 620 W Main Unit 620. Boasting a prime location on the edge of historic downtown, directly adjacent to Central Park, this property benefits from exceptionally high foot traffic. Its prominent position ensures maximum visibility, offering a front-row view of local parades and events. The spacious interior offers nearly 5,000 square feet of adaptable space, perfect for a wide variety of retail businesses. Currently configured as a thriving clothing store, the property includes two bathrooms, four dressing rooms, and attractive commercial display windows, all ready for immediate use. The 0.27-acre lot provides ample space for customer parking and potential expansion. This is a rare opportunity to acquire a well-established retail space in a vibrant and growing downtown area. The property's existing infrastructure and high-traffic location make it an ideal investment for entrepreneurs seeking a turnkey operation or a blank canvas for their business vision. Don't miss this chance to secure a piece of Ardmore's thriving commercial landscape. Priced at $395,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $115,000
- 6.5%
- $125,000
- 7%
- $115,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $135,000
- Mixed-Use
- $125,000
- Hospitality
- $115,000
- Educational
- $125,000
- Residential Income
- $115,000
- Energy
- $140,000
- Income-Based Land
- $140,000
- Food Service
- $110,000
Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.1365
- Latitude
- 34.1742
- CBSA code
- 11620
- CBSA name
- ARDMORE, OK MICROPOLITAN STATISTICAL AREA