For Sale
$950,000

2701-2705 Sheridan Rd Lawton, OK 73505

Fully Leased, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Lawton, Oklahoma retail investment presents a rare opportunity to acquire two fully leased buildings totaling 13,960 square feet on a 2.6-acre lot. Located at 2701-2705 NW Sheridan Rd, just south of Ft. Sill Gate 4, this property benefits from high traffic volume and a prime location. The main building, approximately 7,000 square feet with an additional 2,000 square feet of covered canopy, is currently leased as a bar and offers significant potential for conversion to a restaurant/bar with outdoor seating. A second building, housing a long-established barber shop specializing in military cuts and a T-shirt business, completes the current tenant mix. The property boasts 100% occupancy and a strong rental income stream. Adding to its appeal is approximately 45,750 square feet of undeveloped land zoned R-4, ideal for high-density apartment development. The property is zoned C-5, offering flexibility for future uses. The asking price is $950,000, representing a price per square foot of $68.05. This is a compelling investment opportunity in a thriving market.

Highlights

  • 100% occupied, generating strong rental income.
  • Two retail buildings totaling 13,960 square feet on a 2.6-acre lot, plus 45,750 square feet of R-4 zoned land.
  • Prime Lawton, OK location, just south of Ft. Sill Gate 4, in a high-traffic area.
  • C-5 zoning allows for flexible future uses.

Property Details for 2701-2705 Sheridan Rd

Property type
Retail properties, Restaurants
Square Feet
13,960 SF
Buildings
2
Lot Size (sq. ft)
113,256 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6353907
Longitude
-98.4219218

FAQs

What type of property is this?
Retail property - Fully Leased, High-Traffic Location
Where is the retail property located?
The property is located at 2701-2705 Sheridan Rd Lawton, OK.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 100% occupied, generating strong rental income.; Two retail buildings totaling 13,960 square feet on a 2.6-acre lot, plus 45,750 square feet of R-4 zoned land.; Prime Lawton, OK location, just south of Ft. Sill Gate 4, in a high-traffic area.
How can I contact the broker?
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2701-2705 Sheridan Rd
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