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Property profile & analytics
OFF-MARKET
Retail space

403 Main St Stroud, OK 74079-3613

250 SF Built 1910
Entity Owned Free & Clear
Property ID
US69-0395771
Property summary
AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential space, ideally situated on historic Route 66 in downtown Stroud, Oklahoma. The property, a meticulously maintained 1910 building, boasts a substantial 2,574 square feet situated on a 0.01-acre lot. The main floor offers a large, open commercial space, presenting endless possibilities for a variety of businesses. Its adaptability makes it suitable for numerous ventures, allowing for creative customization to fit specific operational needs. Upstairs, a comfortable and spacious two-bedroom, one-bathroom apartment awaits. High ceilings, measuring 11 feet, contribute to an airy and open feel within the living quarters. The building's historical charm is complemented by modern updates, including a recently installed metal roof, significantly enhancing energy efficiency and reducing utility costs. The excellent insulation further contributes to the property's cost-effectiveness. This turnkey investment property offers a rare chance to own a piece of Route 66 history while enjoying the benefits of a combined commercial and residential space. The property's location on this iconic highway provides exceptional visibility and potential for attracting a wide customer base. Priced at $159,900, this property represents a compelling investment opportunity with significant potential for return.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 250 SF
APN 6000-00-025-002-0-000-00
UPID US69-0395771
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
JAK V CORP
JAK V CORP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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