223 Main St Woodward, OK 73801-3611
This exceptional commercial property, located at 223 E Main St in Woodward, Oklahoma, presents a unique investment opportunity. The freestanding building, constructed of metal, boasts a spacious layout previously utilized as a bar and lounge. Its prime location offers high visibility and accessibility, situated on a 0.17-acre lot with ample on-site parking. A popular steakhouse is conveniently located adjacent to the property, further enhancing its appeal and potential for synergistic business relationships. The interior features two bathrooms and dedicated storage areas, providing ample functionality for a variety of commercial uses. An added benefit is a fenced outdoor area, ideal for creating a patio or additional seating. The asking price of $95,000 represents a significant value for a property of this caliber in a thriving location. The building's previous success as a bar/lounge demonstrates its suitability for businesses requiring high foot traffic and a visible presence. This property is ready for immediate occupancy and offers significant potential for a profitable venture. Don't miss this chance to acquire a well-positioned commercial space in the heart of Woodward.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.