27 Broadway St Ardmore, OK 73401-6224
- Office buildings
- 18,034 SF
- 0.37 lot acres
Current Use by Public Records
- OYTDA / Dance School
- Ardmore Body Business Day Spa / Massage Therapist
- Ardmore Massage Co / Massage Therapist / Day Spa
Property Details for 27 Broadway St
- Year built
- 1920
- Lot size
- 0.37 lot acres
- Property size
- 18,034 SF
- Property type
- Office buildings
- APN
- 0010-00-304-005-0-001-00
- APU
- 1000304005000100
Description
This exceptional mixed-use property, located at 27 W Broadway St in Ardmore, Oklahoma, presents a compelling investment opportunity. The 18,034 square foot building, constructed in 1920, boasts a rich history and currently enjoys 100% occupancy across its two units under a gross lease. The asking price is $950,000, translating to a price per square foot of $52 and an attractive 8.00% cap rate. The property sits on a 0.37-acre lot (APN: 0010-00-304-005-0-001-00) and includes four parcels: the main building, an adjacent parking lot to the north, and two additional parcels forming a parking lot across the street to the northwest. Detailed boundary lines are available in the listing documents. Financial statements detailing income and expenses are accessible upon request. This is a rare chance to acquire a fully occupied, historically significant commercial property in the heart of Ardmore, offering immediate cash flow and significant long-term potential. The property's prime location and strong tenancy make it an ideal addition to any investment portfolio. The lease term is currently at zero years, presenting an opportunity to renegotiate terms with existing tenants.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $420,000
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Location Insight
- Map
- Local Demand
- City
- Ardmore
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.1289
- Latitude
- 34.1745
- CBSA code
- 11620
- CBSA name
- ARDMORE, OK MICROPOLITAN STATISTICAL AREA
