220 Main St, Spiro, OK 74959
- Commercial real estate
- 3,500 SF
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 220 Main St
- Year built
- 1925
- Lot size
- 0.08 lot acres
- Property type
- Commercial real estate
- APN
- U001-00-043-000-0-011-00
- APU
- U00100043000001100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 5, 2024 | $35,000 | 172 Booneville LLC | Keifer L Fisher | Warranty Deed | — |
Description
This exceptional value-add investment opportunity presents a two-story, five-unit apartment building located at 220 & 224 Main Street in Spiro, Oklahoma (zip code 74959, Le Flore County). The property boasts a total of 7,500 square feet of net rentable space, with each unit priced at $29,999.80. The asking price for the entire property is $149,999, translating to $20 per square foot. The building is classified as Class C and currently operates as a multifamily property with potential for further development. The property includes five individual units, some of which are currently leased. In addition to the apartment units, the property also includes additional storage space. One unit is currently configured as a dentist's clinic, offering potential for continued use or conversion to residential space. This property presents a unique opportunity for investors seeking a value-add project in a growing market. The property is being offered for sale by owner.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Spiro
- County
- Le Flore
- State
- Oklahoma
- Longitude
- -94.6207
- Latitude
- 35.2392
- CBSA code
- 22900
- CBSA name
- FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA
