116 E Randolph Ave Enid, OK 73701
For Lease
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The Sears Building, a landmark 1927 structure in downtown Enid, Oklahoma, offers a unique opportunity for businesses seeking versatile commercial space. This 50,000 square foot building features a mix of executive office, medical office, and flex space, with multiple tenancy options available. Currently, 15,000 square feet is vacant, divisible into units as small as 1,200 square feet, up to 5,000 square feet. The property boasts 80 parking spaces and is conveniently located near Randolph and Grand streets. The building's commercial zoning allows for a variety of uses. The property sits on two acres of land, offering ample space and visibility. Power is available in both single and three-phase options. This building is undergoing a renovation that includes the addition of 19 luxury apartments, creating a vibrant mixed-use environment. Retail spaces are available for build-to-suit options, allowing businesses to customize their space to meet their specific needs. The building offers secure entry and common resident areas. Retail spaces and apartments will be available October 24th. This is an exceptional opportunity to be part of Enid's downtown revitalization.
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Erin Cook Realtor® McGraw Realtors, The Shine Team Real Estate Agency
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Christina Robinson REALTOR® Real Estate Agency
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Scott Coffey Real Estate Agency
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TRT Therapy Clinic 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.