601 Broadway St, Grove, OK 74344-3429
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.
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Grand Lake Therapeutic Services Crisis Center Medical Clinic
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Joseph Gelinas, APRN-CNP Physician
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.