For Sale
$65,000

1005 Lake Murray Dr Ardmore, OK 73401

Vacant 6,200 SF Retail/Mixed-Use Building

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 6,200 square foot retail and mixed-use building presents a remarkable opportunity in Ardmore, Oklahoma. Located at 1005 Lake Murray Dr S, this property boasts a sizable 15,682 square foot lot and is situated just one mile from the popular Lake Murray State Park, offering significant potential for various commercial ventures. Built in 1952, the building is currently vacant, providing a blank canvas for a complete renovation. The first floor has been fully demoed back to the studs, simplifying the remodeling process to suit any business plan. The entire second floor also offers ample, unfinished space for expansion or creative design. The asking price is $65,000, translating to a price per square foot of $10. The property's APN is 1990-05-05S-02E-2-031-00. Its previous use was a quick stop/gas station, suggesting a history of commercial activity. This property's prime location and substantial size make it an ideal investment for entrepreneurs seeking a high-impact commercial space in a desirable area. The property is ready for immediate development and offers a unique chance to create a thriving business in a vibrant community. The vacant status allows for complete customization, ensuring the space perfectly aligns with your vision. This is a rare opportunity to acquire a large, well-located building at an attractive price point.

Highlights

  • $65,000 asking price for a vacant 6,200 sq ft retail/mixed-use property.
  • Located at 1005 Lake Murray Dr S, Ardmore, OK 73401.
  • 15,682 sq ft lot; built in 1952.
  • $10/sq ft; 0% cap rate.
  • Previous use: gas station; one mile from Lake Murray State Park.
  • First floor is gutted and ready for renovation; second floor is also vacant.

Property Details for 1005 Lake Murray Dr

Property type
Retail properties, Mixed-use properties
Square Feet
6,200 SF
Year Built
1952

Location Insight

City
Ardmore
County
Carter
State
Oklahoma
Latitude
34.1559429
Longitude
-97.1211114

FAQs

What type of property is this?
Retail property - Vacant 6,200 SF Retail/Mixed-Use Building
Where is the retail property located?
The property is located at 1005 Lake Murray Dr Ardmore, OK.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: $65,000 asking price for a vacant 6,200 sq ft retail/mixed-use property.; Located at 1005 Lake Murray Dr S, Ardmore, OK 73401.; 15,682 sq ft lot; built in 1952.
How can I contact the broker?
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1005 Lake Murray Dr
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