1118 Commerce St Ardmore, OK 73401-5005
This 2,898 sq ft manufacturing building in Ardmore, OK, presents a unique investment opportunity. Built in 1945, this property boasts a prime location on South Commerce Street, ensuring high visibility and accessibility. A significant advantage is the dedicated parking lot, offering convenience for customers. The interior space is adaptable to various uses, allowing for customization to suit diverse business needs. Enhancements include a newly added outdoor Trex composite deck, perfect for outdoor seating or events, creating an attractive ambiance. Further improvements include a new roof installed in 2022 and a new 8700 security camera system. The property sits on a 2,898 sq ft lot and is offered at $375,000. This versatile space is ideal for entrepreneurs seeking a high-traffic location to establish a thriving business. The combination of location, recent upgrades, and adaptable interior space makes this an exceptional investment opportunity in a growing market.
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Tipsy's Bar Bar & Pub
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.