100 Downing StTahlequah, OK 74464

  • Bars
  • 3,232 SF
For Sale
$399,000 View listing

Property Details for 100 Downing St

Year built
1970
Lot size
0.14 AC
Property size (Sq ft)
3,232 SF
Property type
Bars
Property subtype
Pubs
APN
3001-00-055-014-0-000-00
APU
300100055014000000

Description

This exceptional 3,232 square foot mixed-use building is situated at a major intersection in the heart of downtown Tahlequah, Oklahoma. Recently remodeled, it boasts a spacious, open layout perfect for a variety of commercial ventures. High ceilings create an airy and inviting atmosphere, further enhanced by a versatile loft area ideal for additional office space or creative uses. The property includes a built-in bar area, adding to its adaptability for businesses such as cafes or restaurants. Two bathrooms provide ample convenience for both staff and customers. Ample off-street parking is a significant advantage, ensuring easy access for employees and patrons alike. The 0.14-acre lot provides excellent visibility and accessibility from a high-traffic location. This turnkey property is ready for immediate occupancy and presents a unique opportunity for entrepreneurs seeking a thriving downtown location. Its versatile design and prime location make it suitable for a wide range of businesses, including retail stores, cafes, studios, offices, or bars. The asking price is $349,000. Don't miss this chance to establish your business in a vibrant and growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $414,157
    6.5%
    $382,299
    7%
    $354,992
  • Comparable approach

    Method
    Valuation
    Relative Method
    $582,586
    Geo Method
    $582,586
  • Alternative Use

    Use
    Valuation
    Residential
    $322,483
    Hospitality
    $295,393
    Educational
    $245,763
    Medical
    $254,216
    Retail
    $382,299

Location Insight

City
Tahlequah
County
Cherokee
State
Oklahoma
Latitude
35.9153
Longitude
-94.9696
CBSA code
45140
CBSA name
TAHLEQUAH, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,808
$3,562
$15,688
$19,250
-
$32,379
$142,621
$175,000

FAQs

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