403 Main St Stroud, OK 74079-3613
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.