116 Main StNorman, OK 73069

Property Details for 116 Main St

Year built

1920

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.08 AC

Property size (Sq ft)

3,950 SF

Property type

Retail space

APN

NC29AAAOT 6 8001

APU

NC29AAAOT68001

Description

This exceptional 60-square-foot office space at 116 W Main St, Norman, offers a blend of coworking and traditional office functionality. Located in Cleveland County, this single-building property is zoned commercial and provides immediate access to a range of essential services. The space is currently available and fully furnished, ensuring a seamless transition for your business. Enjoy 24/7 access, a robust security system, and high-speed Wi-Fi, all included in the monthly rate of $292. Shared amenities such as a refrigerator, microwave, and coffee maker are provided for your convenience. Furthermore, a shared conference room and on-site document shredding service are available to enhance productivity and efficiency. The strategic location near banks, the courthouse, post office, Norman City Government offices, and various restaurants provides unparalleled convenience and accessibility. This space is ideal for a single professional or a small business requiring a compact, fully equipped workspace. The minimum divisible space is 60 square feet, making it perfect for immediate occupancy. Don't miss this opportunity to establish your business in a thriving and well-connected location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,035,236

  6.5%

  $955,602

  7%

  $887,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,197,665

  Geo Method

  $1,197,665

• Alternative Use

  Use

  Valuation

  Residential

  $806,086

  Hospitality

  $738,371

  Educational

  $614,316

  Medical

  $635,443

  Retail

  $955,602

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2209

Longitude

-97.4425

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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