For Sale
$550,000

10991 Us-69 Miami, OK 74354

High-Traffic Retail, Excellent ROI

Overview

Added:
Dec 11, 2024
Days on market:
133
This fully occupied, 1,760 square-foot convenience store in Miami, OK, presents a compelling investment opportunity. Priced at $550,000 ($312.50/sq ft), the property boasts a prime location on Highway 69, near major amenities including Taco Bell, Sonic, Dollar General, Integris Health Miami Hospital, and the Stable Casino. Built in 1970 and renovated in 2007, the multi-tenant building currently houses a convenience store and a marijuana dispensary, both operating under 100% occupancy. The property includes six gas pumps (no gasoline contract) and eight parking spaces. Additional income is generated by a food truck with a monthly lease. Situated in Ottawa County, this thriving business benefits from high visibility and foot traffic in a community with a population of 12,969 and an average household income of $44,010. The proximity to Miami Regional Airport, Northeastern Oklahoma A&M College, and various residential areas further enhances its investment potential. This turnkey operation offers immediate cash flow and significant upside for the discerning investor.

Highlights

  • Fully occupied, 1,760 sq ft convenience store & marijuana dispensary in Miami, OK, priced at $550,000 ($312.50/sq ft).
  • Six gas pumps (no gasoline contract) and eight parking spaces.
  • Includes a food truck with a monthly lease generating additional income.
  • Prime Highway 69 location near major amenities and high traffic areas.
  • Located near Miami Regional Airport.

Property Details for 10991 Us-69

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,760 SF
Year Built/Renovated
1970/2007

Location Insight

City
Miami
County
Ottawa
State
Oklahoma
Latitude
36.859092729425
Longitude
-94.904121303173

FAQs

What type of property is this?
Retail property - High-Traffic Retail, Excellent ROI
Where is the retail property located?
The property is located at 10991 Us-69 Miami, OK.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully occupied, 1,760 sq ft convenience store & marijuana dispensary in Miami, OK, priced at $550,000 ($312.50/sq ft).; Six gas pumps (no gasoline contract) and eight parking spaces.; Includes a food truck with a monthly lease generating additional income.
How can I contact the broker?
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10991 Us-69
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