215 Washington St Ardmore, OK 73401
This exceptional mixed-use property at 215 N Washington St, Ardmore, OK 73401, presents a unique investment opportunity. Boasting a substantial 23,287 square feet of space on a generous 34,848 square foot lot (APN: 0010-00-275-004-0-001-00), this building offers significant potential for redevelopment. Constructed in 1912, the structure features all poured concrete construction, providing a solid foundation for future uses. Currently vacant, this property allows for complete customization to suit a variety of needs. The asking price is $475,000, translating to $20 per square foot. Its prime location in historic Ardmore offers excellent visibility and accessibility. The building's rich history and substantial size make it ideal for adaptive reuse, potentially as residential units, office space, or a combination of both, aligning with mixed-use zoning regulations. This is a rare chance to acquire a significant piece of Ardmore's heritage and shape its future. The property's size and location present a compelling opportunity for investors seeking a substantial project with high redevelopment potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.