205 Main StSayre, OK 73662

Property Details for 205 Main St

Year built

1925

Lot size

0.17 AC

Property size (Sq ft)

4,250 SF

Zone code

C1

Property type

Retail space

APN

0430-00-067-009-0-000-00

APU

43000067009000000

Description

This exceptional 4,250 square foot retail building is ideally situated on historic Main Street in Sayre, Oklahoma. Previously operating as a successful floral shop, this versatile space presents endless possibilities for a variety of businesses. The property boasts a large showroom, a spacious kitchen area, and three smaller rooms perfect for offices or additional storage. Included are display cases and a dedicated refrigeration room, ensuring practicality for various retail ventures. The building also features one oversized full bathroom and one unfinished half-bath. Interior improvements include drywall added during the installation of a drop ceiling. The roof was replaced approximately 5-6 years ago and carries a lifetime warranty, providing peace of mind for years to come. The 0.17-acre lot provides ample space for customer parking or potential expansion. This prime location on Main Street offers high visibility and accessibility, making it an attractive opportunity for entrepreneurs seeking a well-established space with significant potential. The building's existing features and ample square footage offer a strong foundation for a thriving business. Don't miss this chance to own a piece of Sayre's vibrant downtown.

• CAP approach

  CAP return

  Valuation

  6%

  $811,091

  6.5%

  $748,699

  7%

  $695,221

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,288,627

  Geo Method

  $1,288,627

• Alternative Use

  Use

  Valuation

  Residential

  $631,556

  Hospitality

  $578,502

  Educational

  $481,307

  Medical

  $497,859

  Retail

  $748,699

Location Insight

City

Sayre

County

Beckham

State

Oklahoma

Latitude

35.2916

Longitude

-99.6382

CBSA code

21120

CBSA name

ELK CITY, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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