104 Grand Ave Cherokee, OK 73728-2027
This exceptional commercial property, located at 104 S Grand Ave in Cherokee, Oklahoma, presents a unique investment opportunity. Priced affordably at $55,000, this 2,185 square foot (more or less) building boasts a highly desirable downtown location with significant highway frontage, ensuring maximum visibility for your business. The property's former use as an auto-parts store provides a solid foundation for a variety of commercial ventures. The interior features a bathroom with a toilet and sink, central heating and air conditioning, and a convenient storage room located above the bathroom. Practical features include delivery doors with convenient alley access, simplifying loading and unloading operations. The existing shelving is negotiable, offering flexibility for your specific needs. This is a rare chance to acquire a well-situated commercial space in the heart of Cherokee at an exceptionally competitive price. Don't miss this opportunity to establish your business in a prime downtown location with excellent visibility and convenient access. The lot size is 0 acres. The property is classified as General Commercial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.