125 Main StWagoner, OK 74467

  • Individual retail properties
  • 2,000 SF
For Sale
$245,000 View listing

Property Details for 125 Main St

Year built
1940
Construction
CONCRETE
Lot size
0.09 AC
Property size (Sq ft)
2,000 SF
Property type
Individual retail properties
APN
010000-341019-000000
APU
10000341019000000

Description

This exceptional mixed-use property at 125 N Main Street, Unit 125, Wagoner, OK, offers a substantial 10,888 square feet on a 0.47-acre lot. The building's unique character blends historical charm with modern adaptability, making it ideal for a variety of businesses. The interior features three distinct areas: a large display area with attractive storefront facades (one functioning as an office), an area with exposed brick and beams, and an overhead door for convenient product delivery. A floored attic provides additional storage space. A large rear work area offers ample room for operations, while a fully open, north-facing area boasts ample lighting and electrical outlets. The property also includes a separate outbuilding, ideal for additional storage or business expansion. The property is zoned Downtown Mix per City of Wagoner. The seller is offering a one-year lease option at $1,500 per month (excluding the back building). This presents a rare opportunity to own a piece of Wagoner's history and establish a thriving business in a prime downtown location. The asking price is $245,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $256,285
    6.5%
    $236,571
    7%
    $219,673
  • Comparable approach

    Method
    Valuation
    Relative Method
    $360,511
    Geo Method
    $360,511
  • Alternative Use

    Use
    Valuation
    Residential
    $199,556
    Hospitality
    $182,793
    Educational
    $152,081
    Medical
    $157,312
    Retail
    $236,571

Location Insight

City
Wagoner
County
Wagoner
State
Oklahoma
Latitude
35.9588
Longitude
-95.3766
CBSA code
46140
CBSA name
TULSA, OK METROPOLITAN 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
$202
$692
$1,499
$2,191
-
$6,750
$52,340
$59,090

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