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Property profile & analytics
FOR SALE
Commercial real estate

429 W Main St Stroud, OK 74079

2,500 SF 0.06 ac lot Built 1898
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US69-1454282
Property summary
AI-generated overview

This exceptional 3,825 square foot brick building is ideally located on a corner lot in Stroud, Oklahoma, directly on Historic Route 66. Currently operating as a thriving bar and grill, this turnkey business boasts a charming atmosphere with ample seating around custom wooden tables and a fully equipped kitchen. The spacious layout includes a dedicated area for a bar, a versatile loft space currently used for entertainment (featuring a pool table), and a sizable rear section perfect for office and storage needs. The sale includes all existing bar and grill contents, providing a seamless transition for a new owner. The building's prime location on a well-traveled historic route ensures high visibility and consistent foot traffic. The upper level offers significant additional space with potential for various uses, including expansion of the existing business, additional office space, or even residential conversion. This property presents a unique opportunity to acquire a well-established business with significant upside potential in a desirable location. The building's solid brick construction and ample space make it a versatile investment, suitable for a variety of commercial ventures. The existing infrastructure and equipment provide a significant advantage for a new owner looking to minimize start-up costs and maximize immediate returns. Don't miss this chance to own a piece of Route 66 history.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1898
Total area 2,500 SF
Lot 0.06 ac (2,575 SF)
APN 6000-00-025-011-0-002-00
UPID US69-1454282
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
Current use
Occupant on record · Public records
  • Ruby’s Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Amanda Clark · 5 yrs held
Amanda Clark
since 2020
Last sale
$42,000
2 recorded transactions
2020
$42,000
2016
$29,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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