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    OFF-MARKET
    Office buildings

    601 Broadway St, Grove, OK 74344-3429

    3,256 SF 1 ac lot Built 1981
    Entity Owned ~ Est. High Equity
    Property ID
    US69-1672374
    Property summary
    AI-generated overview

    This exceptional 3,256 square foot commercial building, located at 601 S Broadway St in Grove, Oklahoma, presents a unique investment opportunity. Built in 1981, this single-story structure sits on a 0.16-acre lot and boasts 17 parking spaces, ensuring ample convenience for clients and staff. Previously utilized as a medical practice, the property is ideally suited for continued medical use or adaptation to other professional office needs. The building's layout includes two reception areas, multiple exam rooms, and several versatile office spaces, offering flexibility for various configurations. The adaptable design allows for the potential separation into spaces for multiple businesses. The building is ADA compliant and features ceiling heights ranging from 8 to 10 feet. Its prime location in a high-traffic area of Grove ensures excellent visibility and accessibility. The property is in excellent condition and is move-in ready. A virtual tour is available online. Zoned for commercial use, this property offers a strong return on investment in a thriving Oklahoma community. The asking price is $385,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1981
    Total area 3,256 SF
    Lot 1 ac (43,560 SF)
    APN 39448
    UPID US69-1672374
    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
    • Grand Lake Therapeutic Services Crisis Center Medical Clinic
    • Joseph Gelinas, APRN-CNP Physician
    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
    Ers Properties LLC
    Ers Properties LLC
    since 2025
    Last sale
    $295,000
    2 recorded transactions
    2025
    $295,000
    2018
    $135,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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