Property profile

1301 N Main St McAlester, OK 74501

FOR SALE
Retail space
Property ID
US69-0921960
2,070 SF 0.68 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Discover a unique investment opportunity in McAlester, Oklahoma: a well-established office space located at 1301 N Main St, zip code 74501. Priced at $210,000, this property presents a compelling chance for both seasoned business owners and aspiring entrepreneurs. While the square footage is currently listed as zero, the property's description highlights a spacious interior layout. The building boasts a substantial showroom area, perfectly designed display spaces, and ample storage, ideal for showcasing merchandise or storing inventory. This property's prime location in the heart of McAlester offers excellent visibility and accessibility. The building's history suggests a strong foundation for continued success, potentially attracting a loyal customer base. This is an exceptional opportunity to acquire a ready-to-use commercial space with significant potential for growth and profitability. The property is situated in Pittsburg County (county code 40121) and offers a blend of established business infrastructure and the potential for creative adaptation to suit a variety of commercial uses. The address is easily accessible, given its location on N Main St. Further details regarding the precise square footage are available upon request.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 2,070 SF
Lot 0.68 ac (29,803 SF)
APN 0100-00-074-003-0-003-00
UPID US69-0921960

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
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

1301 N Main St McAlester, OK 74501
McAlester metro Census 486200 MCALESTER, OK MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$215,000
4 recorded transactions
2025
$190,000
2021
$215,000
2019
$135,000
2016
$135,000

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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