403 S Chouteau Ave Chouteau, OK 74337
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.