139 Main St Seminole, OK 74868-4627
- Retail space
- 17,225 SF
- 0.40 lot acres
Current Use by Public Records
- Retail space
Property Details for 139 Main St
- Year built
- 1927
- Lot size
- 0.40 lot acres
- Property size
- 17,225 SF
- Property type
- Retail space
- APN
- 8000-00-028-003-0-000-00
- APU
- 800000028003000000
Description
This exceptional commercial property, located at 139 N Main Street in Seminole, Oklahoma, presents a remarkable investment opportunity. Boasting a substantial 17,225 square feet of space, this building is priced at $199,000. Situated in the heart of downtown Seminole on Main Street, this attractive brick veneer storefront features large windows, providing excellent visibility. The interior offers a versatile layout suitable for a variety of uses. Imagine establishing your business in this spacious environment, or dividing the building to generate rental income while occupying a portion yourself. The property includes ample parking and a convenient loading dock located in the alley. The building features 10-foot ceilings, a half-bath, and office space on the lower level, with additional space upstairs that could be used for offices or storage. Significant renovations have been completed since the May 2022 tornado, including a new roof (over $130,000 investment), termite treatment, and other repairs made in 2020. The building also has five heating and air conditioning units, three of which are new. The lot measures approximately 125 feet by 140 feet (0.4 acres). Its strategic location near restaurants, boutiques, and other downtown businesses, coupled with its proximity to Highways 99 (Hwy 377) and 270 (Broadway), ensures high visibility for commuters throughout Seminole and the surrounding tri-county area. The owner is open to considering lease options or owner financing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $105,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $110,000
- 6.5%
- $125,000
- 7%
- $110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $105,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $105,000
- Retail
- $120,000
- Mixed-Use
- $140,000
- Hospitality
- $135,000
- Educational
- $120,000
- Residential Income
- $115,000
- Energy
- $110,000
- Income-Based Land
- $125,000
- Food Service
- $120,000
Location Insight
- Map
- Local Demand
- City
- Seminole
- County
- Seminole
- State
- Oklahoma
- Longitude
- -96.6688
- Latitude
- 35.2239