17265 4Th St Claremore, OK 74017
This unique 3,178 square foot mixed-use property located at 17265 E 4th Street in Claremore, Oklahoma, presents a compelling investment opportunity. Built in 1940, this building boasts a rich history, having served as a hotel and later a residence. The property is zoned SFR (Single Family Residential) and sits on a 0.197-acre lot. The asking price is $117,000, translating to $37 per square foot. While requiring significant renovations, the property retains original features such as the staircase and original wallpaper in the upstairs area. The seller is committed to installing a new roof prior to closing and will provide a survey that includes the adjacent lot. Included in the sale is approximately 1,100 square feet of redwood flooring. Given its location on Route 66 and its historical significance, this property offers high potential for redevelopment into a variety of uses, including a restaurant, Airbnb, hotel, or even a museum, capitalizing on its unique character and prime location in Rogers County, Oklahoma, zip code 74017. The property's substantial size and historical charm make it an exceptional prospect for a discerning investor seeking a project with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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No recorded transactions found for this property.
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