1301 Main StMcAlester, OK 74501

  • Retail properties
  • 2,070 SF
For Sale
$210,000 View listing

Property Details for 1301 Main St

Year built
1965
Lot size
0.68 AC
Property size (Sq ft)
2,070 SF
Property type
Retail properties
Property subtype
Retail space
APN
0100-00-074-003-0-003-00
APU
10000074003000300

Description

Discover a unique investment opportunity in McAlester, Oklahoma: a well-established office space located at 1301 N Main St, zip code 74501. Priced at $210,000, this property presents a compelling chance for both seasoned business owners and aspiring entrepreneurs. While the square footage is currently listed as zero, the property's description highlights a spacious interior layout. The building boasts a substantial showroom area, perfectly designed display spaces, and ample storage, ideal for showcasing merchandise or storing inventory. This property's prime location in the heart of McAlester offers excellent visibility and accessibility. The building's history suggests a strong foundation for continued success, potentially attracting a loyal customer base. This is an exceptional opportunity to acquire a ready-to-use commercial space with significant potential for growth and profitability. The property is situated in Pittsburg County (county code 40121) and offers a blend of established business infrastructure and the potential for creative adaptation to suit a variety of commercial uses. The address is easily accessible, given its location on N Main St. Further details regarding the precise square footage are available upon request.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $411,051
    6.5%
    $379,432
    7%
    $352,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $373,129
    Geo Method
    $373,129
  • Alternative Use

    Use
    Valuation
    Residential
    $320,065
    Hospitality
    $293,178
    Educational
    $243,920
    Medical
    $252,309
    Retail
    $379,432
1301 Main St, McAlester, Oklahoma
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Location Insight

City
Mcalester
County
Pittsburg
State
Oklahoma
Latitude
34.9454
Longitude
-95.7655
CBSA code
32540
CBSA name
MCALESTER, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,066
$6,601
$17,049
$23,650
-
$60,006
$154,994
$215,000

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