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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

101 Main St Spavinaw, OK 74366

2,880 SF 0.64 ac lot Built 1987
Entity Owned 5-yr Hold Free & Clear
Property ID
US69-1686889
Property summary
AI-generated overview

This exceptional turnkey retail investment opportunity is located at 101 S Main Street, Unit 101, Spavinaw, OK. The property boasts a substantial 2,880 square feet of commercial space situated on a sizable 0.64-acre lot. Its prime location offers unparalleled convenience, being just minutes from the local lake and park, ensuring high visibility and accessibility for customers. The property is currently configured to house two established businesses – a pizza shop and a smoke shop – both of which are included in the sale as a complete turnkey operation. All existing equipment and inventory are part of the purchase price, eliminating the need for significant upfront investment in setup and supplies. This presents a rare chance to acquire an already operational and profitable commercial property with immediate revenue potential. The asking price for this exceptional package is $179,000. This represents a significant value proposition for investors seeking a ready-to-go business venture in a desirable location. The property's size and location make it ideal for continued operation of the existing businesses or for adaptation to other retail ventures. Don't miss this chance to own a thriving commercial property in a picturesque setting. Serious inquiries only.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1987
Total area 2,880 SF
Lot 0.64 ac (28,000 SF)
APN T001-00-001-022-0-001-00
UPID US69-1686889
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dam Slice Restaurant
  • D9 cannabisco (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Madraym LLC · 5 yrs held
Madraym LLC
since 2021
Last sale
$50,000
1 recorded transaction
2021
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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