115 Main St Norman, OK 73069
This exceptional investment opportunity presents a 6,000-square-foot commercial property located at 115 W Main St, Norman, OK 73069. Situated on a 0.16-acre lot in Cleveland County, this single-story, 1920-built building boasts a prime location in the heart of Norman's vibrant downtown. Currently zoned for Urban Commercial Land, the property's versatility allows for a range of uses, including bar, restaurant, and storefront operations. Its strategic placement next to the well-established Benvenuti's Italian Restaurant ensures high visibility and foot traffic. The asking price is $550,000. This property offers a unique blend of historical charm and modern commercial potential, making it an ideal investment for discerning buyers seeking a thriving location in a bustling Oklahoma city. The building's substantial size provides ample space for various business ventures, while its established location guarantees a strong foundation for success. Don't miss this chance to own a piece of Norman's Main Street history.
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Urban Management Inc Corporate Office
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.