636 Cedar St Perry, OK 73077
For Sale
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This exceptional commercial property, located at 636 Cedar in Perry, OK's historic downtown square, presents a unique opportunity for a restaurant owner or entrepreneur. The building boasts 1300 square feet of space, thoughtfully restored and partially renovated. A significant advantage is the inclusion of already-installed stainless steel kitchen equipment, featuring an 18-foot hood and an interior walk-in cooler. Convenient alley access provides a loading area with a roll-up door for efficient operations. The property features a new 25-year TPO roof and decking, enhancing durability and longevity. High ceilings, exceeding 14 feet, are achieved through exposed painted rafter tails, adding to the building's character. The floor plan includes a dining area, a handicap-accessible bathroom, a utility room, and a kitchen with additional backroom storage. City of Perry approvals are in place for the current plans, and the building is 50% complete, allowing new owners to customize the remaining renovations to their specific needs and preferences. The property sits on a 0.09-acre lot in a thriving area with high foot traffic
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.