Property profile

1236 Main St Cushing, OK 74023

OFF-MARKET
Medical Office Space
Property ID
US69-0856776
1,800 SF 4 ac lot Built 1986
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,800 square foot commercial property, located at 1236 E Main Street Unit 1236 in Cushing, Oklahoma, presents a unique business opportunity. Situated on a 0.4-acre lot with prime highway frontage on the newly refinished Main Street/Highway 33, this building ensures high visibility and accessibility. Owned by the same individual since its construction in the 1980s, this well-maintained property boasts a versatile layout ideal for various uses. Previously configured for medical or chiropractic practices and most recently used as large office space, the interior features five separate offices, one equipped with a wash station. A spacious reception area with a greeting window, a waiting area, an IT room, a storage room, and a massive conference room (suitable for use as a showroom) provide ample space for diverse operational needs. Constructed by Morton Buildings, Inc., this property benefits from a transferable warranty that is still in effect. Recent upgrades include a new roof recoat, new LVT flooring, fresh paint, and a remodeled bathroom. The building also features extra-wide, handicap-accessible doorways. The absence of weight-bearing walls allows for flexible interior design. Offered at $340,000, this 100% turnkey and move-in ready property is an excellent investment opportunity in a thriving Cushing location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1986
Total area 1,800 SF
Lot 4 ac (174,240 SF)
APN 600008017
UPID US69-0856776

Cap rate & NOI

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

Location

1236 Main St Cushing, OK 74023-3000
Cushing metro Census 11301 STILLWATER, OK MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2012
Price N/A

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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