For Sale
$850,000

506 Don Tyler Ave Dewey, OK 74029

High-traffic corner lot, 7,184 sq ft building.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional redevelopment opportunity presents a 7,184 square foot building situated on a 17,500 square foot corner lot in Dewey, Oklahoma. The property, built in 1960, is zoned commercial and features 23 parking spaces. Previously used as a grocery store, pharmacy, and storefront, this versatile space offers significant potential for various uses. The asking price is $850,000, translating to $118.32 per square foot. The building is well-maintained and located on a high-traffic highway corner, offering excellent visibility and accessibility. A six-panel corner lot sign generates additional income, with each panel leasing for $100 per month. Dewey is experiencing growth with new jobs and revenue coming into the town's industrial park. This property offers immediate return potential and significant upside for future expansion and development. The low cost of living and a strong school system in Dewey add to the overall appeal of this investment. This is a move-in ready property with a strong foundation for immediate occupancy and future growth.

Highlights

  • High-traffic corner lot with a 7,184 SF building, ready for immediate occupancy.
  • Well-maintained building; no deferred maintenance.
  • Excellent investment opportunity: prime highway corner location and building at a competitive price.
  • Existing signage generates $100/month per frame in rental income.
  • Move-in ready for any business.

Property Details for 506 Don Tyler Ave

Property type
Retail properties, Retail space
Square Feet
7,184 SF
Class
C
Year Built
1960
Buildings
1
Stories
1

Location Insight

City
Dewey
County
Washington
State
Oklahoma
Latitude
36.7988529
Longitude
-95.9351506

FAQs

What type of property is this?
Retail property - High-traffic corner lot, 7,184 sq ft building.
Where is the retail property located?
The property is located at 506 Don Tyler Ave Dewey, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High-traffic corner lot with a 7,184 SF building, ready for immediate occupancy.; Well-maintained building; no deferred maintenance.; Excellent investment opportunity: prime highway corner location and building at a competitive price.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
506 Don Tyler Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message