630 Center St Alva, OK 73717
This charming 1,300 square foot mixed-use building, located at 630 Center St, Alva, OK 73717, presents a unique investment opportunity. Built in 1930 and extensively renovated in 2015, this single-story property boasts elegant curb appeal and offers versatile space ideal for retail and office uses. The inviting front reception area leads to three additional rooms perfect for office spaces. The 2015 renovation included new flooring, HVAC systems, and crucial handicap accessibility upgrades. A spacious kitchen provides a convenient breakroom, and a sizable basement offers ample storage. The property includes a bathroom; however, the plumbing is currently capped. A $2,000 buyer allowance is offered for bathroom restoration, potentially allowing for the addition of a tub/shower. Priced at $148,000 ($113.85/sq ft), this property offers a blend of historic charm and modern functionality in a prime Alva location. The building's excellent condition and recent updates make it an attractive option for a variety of businesses seeking a well-maintained and accessible space. This is a rare opportunity to acquire a turn-key commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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