Property profile

201 Pennsylvania Ave Drumright, OK 74030

OFF-MARKET
Commercial real estate
Property ID
US69-0328215
5,496 SF 1.45 ac lot Built 1935
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Property summary

AI-generated overview

This exceptional 5,496 square foot commercial property, located at 201 N Pennsylvania Avenue Unit 201 in Drumright, Oklahoma, presents a unique investment opportunity. Situated on a 1.45-acre lot just one block from Highway 33 (Broadway), this three-level building boasts a prime location in the heart of Drumright. Originally constructed in stages (middle and lower levels circa 1935, upper level 1957), the building offers a versatile layout suitable for a variety of uses. The main level features a large sanctuary with seating for over 225 people, ideal for a church or event venue. Additional space includes several classrooms, a substantial kitchen, and a spacious dining area. Above the kitchen, there's a living area complete with a bathroom, offering potential for residential use or additional office space. The property is being sold "AS IS," and while some renovations are needed, the potential for significant return on investment is undeniable. Its central location and substantial size make it an attractive prospect for a church, event center, retail establishment, or other commercial ventures. The 1.45-acre lot provides ample space for expansion or additional parking. This is a rare opportunity to acquire a substantial property in a desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1935
Total area 5,496 SF
Lot 1.45 ac (63,162 SF)
UPID US69-0328215

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
  • Church

Location

201 Pennsylvania Ave Drumright, OK 74030
Drumright metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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