516 Choctaw AveChickasha, OK 73018

Property Details for 516 Choctaw Ave

Year built

1940

Lot size

0.15 AC

Property size (Sq ft)

360 SF

Property type

Commercial real estate

APN

C001-00-032-011-0-001-00

APU

C00100032011000100

Description

This exceptional Chickasha, OK commercial property, located at 516 W Choctaw Ave, offers a unique blend of retail and office space. The 6,500 square foot building sits on a 0.24-acre lot and boasts two stories, with a main floor currently operating as a flower shop (fixtures included). The retail space features five coolers, a point-of-sale system, and a spacious floor plan. A small office and garage are also included. Upstairs, eight rooms (full kitchen and bathroom needing remodel) provide ample storage. This area has a window unit and central heat. The garage features two 8-foot overhead electric doors, opening to a parking area. The property includes gas, water, and electric utilities. A new metal roof was installed in 2020, along with exterior stucco and paint updates. The property is zoned commercial and benefits from high visibility with 13,900 vehicles passing daily. The net rentable space is 3,985 square feet, with 0.62 parking spaces per 1,000 square feet. Built in 1940, this Class C property offers a fantastic owner/user opportunity in a prime downtown location. The APN is C001-00-032-019-0-000-00. This is a single-tenancy building with two buildings on the property.

• Alternative Use

  Use

  Valuation

  Residential

  $65,212

  Hospitality

  $59,734

  Educational

  $49,698

  Medical

  $51,407

  Retail

  $77,308

Location Insight

City

Chickasha

County

Grady

State

Oklahoma

Latitude

35.0527

Longitude

-97.939

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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