115 Townsend StAda, OK 74820

Property Details for 115 Townsend St

Year built

1901

Lot size

0.27 AC

Property size (Sq ft)

16,750 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use commercial property, located at 115 S Townsend Unit 115 in Ada, Oklahoma, presents a compelling investment opportunity. Boasting a substantial 16,750 square feet on a 0.27-acre lot, this building offers unparalleled versatility. The ground floor features a flexible layout, easily adaptable to retail and office spaces, maximizing rental income potential. Constructed with durable materials, including a metal roof and insulated walls and floors featuring 5/8" drywall, the building is designed for energy efficiency and soundproofing. Multiple electric meters, four 5-ton HVAC units, and 3-phase power ensure the property can accommodate a wide range of businesses. Its strategic location just off Main Street provides excellent visibility and accessibility, attracting both customers and tenants. The second floor, encompassing 2,000 square feet, offers a unique space suitable for offices or a casual gathering area. The third floor, currently unfinished, presents a significant opportunity for development, ideal for a restaurant, bar, or even downtown apartments, further capitalizing on the property's prime location. Ample parking is available, adding to the property's overall appeal. This property combines a desirable location with a functional and adaptable design, making it an attractive investment for discerning buyers. The asking price is $450,000.

Location Insight

City

Ada

County

Pontotoc

State

Oklahoma

Latitude

34.7743

Longitude

-96.6805

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