305 Main StBristow, OK 74010

Property Details for 305 Main St

Construction

BRICK

Property size (Sq ft)

11,530 SF

Property type

Retail space

APN

5501-00-042-000-0-120-00

APU

550100042000012000

Description

This exceptional 42,782-square-foot retail property, situated at 305 N Main Street, Unit 305, in Bristow, Oklahoma, presents a unique investment opportunity. Constructed in 1928, this landmark building showcases captivating architecture representative of the late 1920s era. Its classic design is complemented by meticulously preserved original details, offering a blend of historical charm and modern potential. The expansive interior features high ceilings and large open spaces, providing remarkable flexibility for a diverse range of commercial, retail, or mixed-use developments. Its prominent Main Street location ensures exceptional visibility and accessibility, placing it within the vibrant heart of Bristow's downtown district. The property sits on a 0.81-acre lot, providing ample space for potential expansion or outdoor amenities. With its rich history and prime location, this building is poised to become a thriving hub for business and community activity. The asking price for this significant property is $1,995,000. This is an unparalleled chance to acquire a piece of Oklahoma history and capitalize on its considerable redevelopment potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,289,574

  6.5%

  $2,113,454

  7%

  $1,962,492

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,078,347

  Geo Method

  $2,078,347

• Alternative Use

  Use

  Valuation

  Residential

  $1,782,777

  Hospitality

  $1,633,014

  Educational

  $1,358,649

  Medical

  $1,405,375

  Retail

  $2,113,454

Location Insight

City

Bristow

County

Creek

State

Oklahoma

Latitude

35.8351

Longitude

-96.3905

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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