502-506 Lee Blvd & 503Lawton, OK 73501

For Sale
$295,500
Prime Lawton location, 9,854 SF, 1.06 acres.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents two buildings totaling 9,854 square feet situated on a 1.06-acre lot in Lawton, Oklahoma. The property, located at 502-506 SW Lee Blvd & 503 SW Washington, boasts a prime location on a busy main thoroughfare, offering excellent visibility and accessibility. The buildings, constructed in 1951, currently operate as an auto shop, but the C-5/R-3 zoning allows for a variety of commercial uses. The property's substantial size, with 232.4 feet of frontage on Lee Boulevard and an additional lot facing Washington Avenue, presents significant redevelopment potential. The buildings themselves comprise approximately 5,476 square feet at 502 SW Lee Blvd and 4,378 square feet at 504 SW Lee Blvd. This owner-user opportunity is priced at $295,500, or $29.99 per square foot, making it an attractive proposition for investors seeking a high-traffic location with flexible zoning and substantial square footage. The property's versatility allows for renovation and rental income generation or complete demolition to create a new commercial development. This is a rare chance to acquire a significant commercial property in a thriving Oklahoma market. The property is comprised of four lots in total.

Highlights

  • Retail/Auto Repair use.
  • Two buildings totaling 9,854 square feet.
  • C-5/R-3 zoning.
  • 1.06-acre lot.
  • Built in 1951.

Property Details for 502-506 Lee Blvd & 503

Property type
Retail properties, Industrial properties
Square Feet
9,854 SF
Year Built
1951
Buildings
2
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.5939159
Longitude
-98.3955089
502-506 Lee Blvd & 503, Lawton, Oklahoma

FAQs

What type of property is this?
Retail property - Prime Lawton location, 9,854 SF, 1.06 acres.
Where is the retail property located?
The property is located at 502-506 Lee Blvd & 503 Lawton, OK.
What is the asking price?
The asking price for this property is $295,500.
What are key features of this property?
This property features: Retail/Auto Repair use.; Two buildings totaling 9,854 square feet.; C-5/R-3 zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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502-506 Lee Blvd & 503
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