208 Main St Shawnee, OK 74801
This 8,225 square foot storefront at 208 E. Main Street in Shawnee, Oklahoma, presents a compelling investment opportunity. Built in 1920, the property sits on a 3,500 square foot lot and is priced at $115,000 ($13.98/sq ft). The building offers significant potential, requiring some modernization but boasting excellent structural integrity. The main floor, ideal for retail use, features impressive 15'4" ceilings and includes a mezzanine overlooking the sales area. Upstairs, high ceilings (ranging from 11'8" to 13'8") provide ample space for development into office space or a residential unit. The property benefits from its prominent Main Street location, enhanced by recent city improvements including new sidewalks and parks designed to stimulate foot traffic and commerce. A recently installed new electric service panel adds to the property's value. The open floor plan allows for versatile use and adaptation to various business needs. This property offers a unique chance to capitalize on the revitalization of Shawnee's Main Street.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.