For Sale
$750,000

822 Broadway St Poteau, OK 74953

Prime Poteau shopping center, 7 units, high traffic.

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents a prime multi-unit shopping center situated on bustling South Broadway Street in Poteau, Oklahoma. Boasting a remarkable 2.48-acre lot and a total of 16,982 square feet across seven individual units, this property offers significant income potential. The high-traffic location, with a daily count of 12,600 vehicles, ensures exceptional visibility and accessibility for tenants. Most units are currently operating under triple net leases, providing a consistent and reliable revenue stream with minimal management responsibilities for the owner. Recent updates have been completed by the current owner, enhancing the overall appeal and functionality of the property. Its strategic location offers convenient access to Highway 59, placing it within minutes of Carl Albert State College and the crucial Highway 59 and 271 junction, as well as the 59 Bypass. This prime location, coupled with the strong tenant base and recent improvements, makes this shopping center an attractive investment for those seeking a high-yield, low-maintenance commercial property in a thriving Oklahoma community. The property is priced at $750,000 and presents a compelling opportunity for portfolio expansion or a significant individual investment.

Property Details for 822 Broadway St

Property type
Retail properties
Year Built
1960
Lot Size (sq. ft)
108,029 SF

Location Insight

City
Poteau
County
Leflore
State
Oklahoma
Latitude
35.04966
Longitude
-94.62858

FAQs

What type of property is this?
Retail property - Prime Poteau shopping center, 7 units, high traffic.
Where is the retail property located?
The property is located at 822 Broadway St Poteau, OK.
What is the asking price?
The asking price for this property is $750,000.
How can I contact the broker?
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822 Broadway St
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