101 Main StSpavinaw, OK 74366

Property Details for 101 Main St

Year built

1987

Lot size

0.64 AC

Property size (Sq ft)

2,880 SF

Property type

Grocery and convenience stores

APN

T001-00-001-022-0-001-00

APU

T00100001022000100

Description

This exceptional turnkey retail investment opportunity is located at 101 S Main Street, Unit 101, Spavinaw, OK. The property boasts a substantial 2,880 square feet of commercial space situated on a sizable 0.64-acre lot. Its prime location offers unparalleled convenience, being just minutes from the local lake and park, ensuring high visibility and accessibility for customers. The property is currently configured to house two established businesses – a pizza shop and a smoke shop – both of which are included in the sale as a complete turnkey operation. All existing equipment and inventory are part of the purchase price, eliminating the need for significant upfront investment in setup and supplies. This presents a rare chance to acquire an already operational and profitable commercial property with immediate revenue potential. The asking price for this exceptional package is $179,000. This represents a significant value proposition for investors seeking a ready-to-go business venture in a desirable location. The property's size and location make it ideal for continued operation of the existing businesses or for adaptation to other retail ventures. Don't miss this chance to own a thriving commercial property in a picturesque setting. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $369,051

  6.5%

  $340,662

  7%

  $316,329

• Comparable approach

  Method

  Valuation

  Relative Method

  $519,136

  Geo Method

  $519,136

• Alternative Use

  Use

  Valuation

  Residential

  $287,361

  Hospitality

  $263,221

  Educational

  $218,997

  Medical

  $226,529

  Retail

  $340,662

Location Insight

City

Spavinaw

County

Mayes

State

Oklahoma

Latitude

36.3905

Longitude

-95.0467

Property Tax & Assessments

FAQs

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