1580 Main St Waynoka, OK 73860-2007

This exceptional three-level commercial building in Waynoka, Oklahoma, presents a remarkable investment opportunity. Located at 1580 Main St, this 21,000+/- square foot property boasts a rich history, having served as a fallout shelter. The building is offered at $299,000, representing a price per square foot of under $15. The main level currently houses a 65-seat restaurant (equipment not included) generating $500 monthly rent, a 16x16 office, and a 12x12 garage door with ramp access. A sectioned-off garage area with a negotiable car lift is also present. The second level features a beautifully finished apartment with an open living/dining/kitchen area, a large bedroom with walk-in closet, a second bedroom, and two bathrooms (one fully finished, one ready for cosmetic completion). New appliances are included. This level also offers expansive space ideal for a wedding venue or additional apartments. The lower level, or "boiler room," offers massive potential for storage, particularly for vehicles, with the possibility of installing a multi-directional ramp (additional cost). Significant updates include new electrical and plumbing (two 200-amp boxes), two HVAC units for the restaurant, a separate central heating and air unit for the apartment, and a newly coated roof. The building features 13" thick poured walls (north and west walls are block), 6" thick floors and roof, and a cargo elevator from the basement to the second floor. Two additional adjacent lots are included in the sale. Original building features, such as doors and lighting fixtures, will remain. New large windows are also included for installation by the new owner. This property offers unparalleled versatility and significant upside potential in a growing Oklahoma town.