116 Main St Luther, OK 73054
This stunning, completely restored 19th-century building, located at 116 S Main Street in the heart of Luther, Oklahoma, presents a unique investment opportunity. Situated just off Route 66, this 4,964 square foot property sits on a 0.08-acre lot and offers exceptional visibility and accessibility. Ideal for a variety of commercial uses, including restaurants, retail establishments, or other businesses, this property is perfectly positioned to capitalize on the growing population along the Oklahoma City/Luther border. The interior features a spacious dining room, ample space for a chef's kitchen, multiple offices, and even dedicated event space. Modern conveniences include ADA-compliant bathrooms, ensuring accessibility for all patrons. This property has enjoyed a strong rapport with the community over the past eight years, establishing a loyal customer base and a proven track record. The building's historical charm combined with its modern amenities makes it an exceptional opportunity for a discerning buyer seeking a turn-key operation in a thriving location. Priced at $351,000, this property offers significant potential for return on investment. Don't miss this chance to own a piece of Luther's history and vibrant commercial landscape.
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Revitalize Life Counseling PLLC Counselor Service Establishment
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Farmstead Cafe Restaurant
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.