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Property profile & analytics
FOR SALE
Retail space

636 Cedar St Perry, OK 73077

1,300 SF 0.09 ac lot Built 1920
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US69-1831805
Property summary
AI-generated overview

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

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 1,300 SF
Lot 0.09 ac (3,746 SF)
APN 1000-00-00B-017-0-001-00
UPID US69-1831805
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
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
Phil Salvati · 3 yrs held
Phil Salvati
since 2023
Last sale
$25,000
7 recorded transactions
2026
Price N/A
2023
$25,000
2020
$6,000
2020
Price N/A
2016
Price N/A
2011
$30,000
2009
$25,333
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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