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1226 Main St McAlester, OK 74501

Retail properties & Spaces Google Maps
3,008 SF 0.43 ac lot Built 1985
Estimated value
No estimation on file for this property yet.
Property ID US69-0934735

Property summary

AI-generated overview

This exceptional McAlester, OK retail property presents a lucrative investment opportunity. Located at 1226 S Main Street, this 3,008 square foot complex sits on a 0.43-acre lot and offers high visibility and accessibility on a busy commercial thoroughfare. The property comprises two buildings, providing ample space for diverse business ventures. One building is currently leased to a long-term tenant, generating immediate and consistent rental income. The sale includes an established business already operating within the complex, offering a turnkey operation with an existing customer base and proven revenue streams. This presents a unique chance to acquire a property with multiple income streams, minimizing risk and maximizing return on investment. The property's central location in McAlester provides convenient access to shopping centers, restaurants, and other local amenities, ensuring high foot traffic and customer visibility. This is an ideal opportunity for investors seeking a stable, income-producing asset or entrepreneurs looking to expand their operations and benefit from an established business. The asking price for this prime retail property is $450,000. This turnkey opportunity offers immediate cash flow and significant long-term potential.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1985
Total area 3,008 SF
Lot 0.43 ac (18,731 SF)
UPID US69-0934735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Discount Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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