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Property profile & analytics
OFF-MARKET
Office buildings

1223 Avant Ave Clinton, OK 73601-3955

142 SF 0.48 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
Property ID
US69-1547514
Property summary
AI-generated overview

This exceptional commercial property at 1223 Avant Avenue in Clinton, Oklahoma presents a unique investment opportunity. The building, totaling 8,628 square feet, has served the Western Oklahoma community with its Mexican cuisine for over two decades, establishing a strong foundation for continued success. Situated on a sizable 0.48-acre corner lot, the property benefits from high visibility and traffic flow, just blocks from Clinton's main thoroughfare. The main restaurant area encompasses 5,228 square feet, offering ample space for dining and kitchen operations. A significant 3,400-square-foot basement adds considerable versatility. This expansive lower level includes multiple rooms, restrooms, and a large banquet room, perfect for private events, storage, or expansion of existing operations. The property's size and prime location offer limitless possibilities for various commercial ventures, beyond its current use. The asking price is $325,000. This is a rare chance to acquire an established business with significant growth potential in a thriving community. The property's history and established clientele provide a solid base for future success. Serious inquiries are encouraged.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 142 SF
Lot 0.48 ac (20,720 SF)
APN 0720-00-045-017-0-000-00
UPID US69-1547514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pedro's Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LOPEZ PEDRO ENTERPRISES LLC
LOPEZ PEDRO ENTERPRISES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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