For Sale
$350,000

127 Washington St Ardmore, OK 73401

Downtown Ardmore mixed-use hotel, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This remarkable 17,000-square-foot mixed-use property, located at 127 N Washington Street in Ardmore, Oklahoma, presents a unique investment opportunity. Built in 1910, this three-story building, situated on a 13,939 square foot lot, boasts a rich history and significant potential for revitalization. The asking price is $350,000, translating to $20.59 per square foot. The property currently features four commercial units on the ground floor and hotel space on the second and third floors. Approximately $1.5 million in renovations have been completed. A highlight of the property is an amazing patio on the second floor offering incredible views. This investment offers the chance to be a part of the ongoing revitalization of Downtown Ardmore, potentially qualifying for Oklahoma tax credits. The property's prime location and substantial size make it an ideal candidate for a variety of uses and future development. The building's history and character, combined with its modern updates, create a compelling opportunity for a savvy investor. This is a chance to own a piece of Ardmore's history and shape its future.

Highlights

  • 17,000 SF mixed-use building in Ardmore, OK, on a 13,939 SF lot.
  • Asking price: $350,000 ($20.59/SF).
  • Three-story building with four ground-floor commercial units and upper-floor hotel space.
  • $1.5M in recent renovations, including a second-floor patio with city views.
  • Potential for Oklahoma tax credits and ideal for redevelopment.

Property Details for 127 Washington St

Property type
Mixed-use properties
Square Feet
17,000 SF
Year Built
1910
Stories
3

Location Insight

City
Ardmore
County
Carter
State
Oklahoma
Latitude
34.1751114
Longitude
-97.1276424

FAQs

What type of property is this?
Mixed-use property - Downtown Ardmore mixed-use hotel, great potential.
Where is the mixed-use property located?
The property is located at 127 Washington St Ardmore, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 17,000 SF mixed-use building in Ardmore, OK, on a 13,939 SF lot.; Asking price: $350,000 ($20.59/SF).; Three-story building with four ground-floor commercial units and upper-floor hotel space.
How can I contact the broker?
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127 Washington St
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