116 8th St Okmulgee, OK 74447-5001
This exceptional mixed-use property, located at 116 W 8th Street, Unit 116 in the heart of Downtown Okmulgee, Oklahoma, presents a unique investment opportunity. The 1,736 square foot building sits on a 0.12-acre lot and offers a versatile layout ideal for a variety of business ventures. The ground floor boasts a welcoming reception and waiting area, perfect for client interaction, along with two private offices providing dedicated workspaces. A convenient public restroom is also included on this level. A generous allowance of $3,000 is offered by the seller to allow the buyer to select their preferred flooring for the downstairs area. The rear of the building features a sizable space with its own full bath and separate entrance, accessible from a covered parking area. This area is adaptable and could serve as an executive office, breakroom, or storage facility. Upstairs, a charming loft apartment provides comfortable living quarters. This updated space includes a kitchenette equipped with a sink, microwave, and retro refrigerator/freezer, a bedroom with a large closet, and a full bathroom. The property's central location and ample off-street parking make it an attractive option for both business and residential use. Priced at $139,000, this property offers significant potential for return on investment.
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
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.