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Property profile & analytics
FOR SALE
Turn key restaurants

403 S Chouteau Ave Chouteau, OK 74337

1,520 SF 0.16 ac lot Built 1981
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-1634817
403 S Chouteau Ave, Chouteau, OK 74337 For Sale
$325,000 1,520 SF
403 S Chouteau Ave, Chouteau, OK 74337
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Property summary
AI-generated overview

This 1,520-square-foot commercial building is situated on a 0.16-acre lot at 403 S Chouteau Avenue, Unit 403, Chouteau, OK, offering excellent highway visibility due to its frontage on Highway 69. The property is priced at $210,000 and presents a unique opportunity for various business ventures. The building features newer flooring, two bathrooms, and three-phase electrical service, ensuring ample power for a range of commercial uses. Two heating and air conditioning units provide climate control throughout the space. An eye-catching neon open sign is already in place, enhancing visibility and attracting potential customers. The building's layout allows for the possibility of being divided into two separate units, providing flexibility for multiple tenants or expanding business operations. Its location within a thriving area known for antique shops and Amish restaurants makes it an ideal spot for businesses catering to a diverse clientele. This property offers a blend of modern amenities and a prime location, making it a compelling investment opportunity. The potential for high traffic and visibility, combined with the adaptable floor plan, makes this a truly versatile commercial space.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1981
Total area 1,520 SF
Lot 0.16 ac (6,825 SF)
APN C050-00-094-02M-0-001-00
UPID US69-1634817
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lmrk Prop Co LLC · 8 yrs held
Lmrk Prop Co LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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