105 E Main St Ardmore, OK 73401
This exceptional investment opportunity presents a mixed-use property encompassing 13,637 square feet of retail and multi-family space, situated on a 1.19-acre lot in the heart of historic downtown Ardmore, Oklahoma. The property, located at 105 E Main St, includes two separate buildings and a substantial parking lot with approximately 100 spaces. The main building, a three-story structure built in 1910, is currently 100% occupied. The property is offered at $625,000, representing a price per square foot of $45 and a projected cap rate of 6.00%. The lease type is gross, and the tenancy is multi-tenant. The property's address is 105 E Main St, Ardmore, OK 73401 (APN: 0010-00-323-003-0-001-00). This property presents a compelling value-add opportunity, particularly given its potential for historic tax credit utilization. The inclusion of an operating restaurant building further enhances the investment potential. The seller may consider owner financing options. This is a rare chance to acquire a significant piece of Ardmore's vibrant downtown.
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Paint With Ruby May (Bike/Boat/Book/etc) Store
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Ardmore Emporium Home Decor Store (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.