205 Main St Sayre, OK 73662
- Retail space
- 4,250 SF
- 0.17 lot acres
Current Use by Public Records
- Sayre Floral / Gift Shop / Florist
Property Details for 205 Main St
- Year built
- 1925
- Lot size
- 0.17 lot acres
- Property size
- 4,250 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 0430-00-067-009-0-000-00
- APU
- 43000067009000000
Description
This exceptional 4,250 square foot retail building is ideally situated on historic Main Street in Sayre, Oklahoma. Previously operating as a successful floral shop, this versatile space presents endless possibilities for a variety of businesses. The property boasts a large showroom, a spacious kitchen area, and three smaller rooms perfect for offices or additional storage. Included are display cases and a dedicated refrigeration room, ensuring practicality for various retail ventures. The building also features one oversized full bathroom and one unfinished half-bath. Interior improvements include drywall added during the installation of a drop ceiling. The roof was replaced approximately 5-6 years ago and carries a lifetime warranty, providing peace of mind for years to come. The 0.17-acre lot provides ample space for customer parking or potential expansion. This prime location on Main Street offers high visibility and accessibility, making it an attractive opportunity for entrepreneurs seeking a well-established space with significant potential. The building's existing features and ample square footage offer a strong foundation for a thriving business. Don't miss this chance to own a piece of Sayre's vibrant downtown.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $185,000
- 6.5%
- $180,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $205,000
- Retail
- $205,000
- Mixed-Use
- $220,000
- Hospitality
- $175,000
- Educational
- $170,000
- Residential Income
- $200,000
- Energy
- $200,000
- Income-Based Land
- $215,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Sayre
- County
- Beckham
- State
- Oklahoma
- Longitude
- -99.6382
- Latitude
- 35.2916
- CBSA code
- 21120
- CBSA name
- ELK CITY, OK MICROPOLITAN STATISTICAL AREA