422 Main St Mcalester, OK 74501-5802
This exceptional 15,000-square-foot mixed-use property, situated on a half-acre lot in the heart of downtown McAlester, Oklahoma, presents a unique investment opportunity. Currently configured as a medical marijuana dispensary and grow facility, the building boasts substantial existing infrastructure perfectly suited for continued operation in this sector or adaptable for a variety of other uses. The property features insulated foam walls, ensuring efficient climate control and reduced energy costs. Comprehensive plumbing and three-phase electrical service are already installed, eliminating significant upfront investment for many potential tenants or operators. The strategic downtown location offers high visibility and convenient access to major thoroughfares, maximizing exposure and attracting a substantial customer base. The versatile layout allows for flexible configuration to suit diverse business needs, making it an ideal choice for entrepreneurs seeking a ready-to-occupy space or investors looking for a strong return on investment. With its substantial size and prime location, this property represents a rare opportunity to acquire a well-equipped and strategically positioned commercial asset in a thriving Oklahoma community. The 0.52-acre lot provides ample space for expansion or outdoor operations, further enhancing its appeal and potential. This is a turnkey operation ready for immediate occupancy or redevelopment.
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Mc Alester Washer & Dryer Services Home Appliance Store
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
Similar Nearby for Lease
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.