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$1 Auction -Former Restaurant With Drive Thru 2210 E Main St 3,781 SF Retail Building Cushing, OK 74023 $1 ($0.00/SF)

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INVESTMENT HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Corporate Surplus | Former Restaurant With Drive Thru | 3,781 SF | AUCTION MARCH 2-4
  • Proven Retail Node with Prominent Frontage and Easy Access: Surrounded by national/regional anchors including Walmart, McDonald’s, Pizza Hut, Mazzio’s
  • Strong Demographics with Annual Household Income of ±$64,091 and ±10,565 People within a 5-Mile Radius
  • Former Restaurant adjacent to McDonald’s on a Main-Street Pad: ±3,781 SF freestanding building along E Main St (OK-33) with 8,939 VPD traffic counts
  • Zoned C-3, General Commercial District with a Variety of Uses
  • Absolute $1 Auction – NO RESERVE!

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present a vacant, free-standing restaurant/retail building located at 2210 E Main Street in Cushing, Oklahoma (the “Property”). The Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a highly visible asset adjacent to McDonald’s and shadow anchored by Atwoods at a compelling basis. FIRST BID MEETS RESERVE!
Built in 1981, the Property comprises of a ±3,781-square-foot, single-story retail/restaurant building situated on a ±0.58-acre parcel with ample surface parking spaces. The building offers frontage and visibility along Main Street (OK-33), which boasts a traffic count of ±8,939 vehicles per day (VPD). Zoned C-3 – General Business District, the Property permits a broad range of commercial uses, offering flexibility for a variety of retail, restaurant, service-oriented, or commercial redevelopment strategies.
Cushing is uniquely positioned in Payne County as the “Pipeline Crossroads of the World,” anchored by one of the largest crude oil storage and distribution hubs in North America—where multiple major pipelines converge and over 90?million barrels of crude can be stored, making it the delivery point for the NYMEX West Texas Intermediate benchmark. This energy infrastructure legacy translates into a regional employment base tied to energy, logistics, agriculture and related services, with healthcare, retail and education also among the largest local industries. The Property is positioned along a dense retail corridor anchored by prominent national tenants such as Walmart, McDonald’s, Pizza Hut, Mazzio’s, Atwoods (shadow-anchor), Blue Sky Bank, all of which drive significant daily traffic to the area. Additional nearby demand drivers include Cushing High School, Cushing Sports Complex, Cushing Rodeo Arena, and a variety schools and government offices, contributing to strong daytime traffic and cross-shopping. The surrounding trade area features a diverse and growing residential base, with approximately 10,565 residents within a 5-mile radius and 19,238 residents within 5 miles, coupled with an average household income exceeding $64,000. These strong demographics, combined with the site’s exceptional visibility, accessibility, and proximity to major retail anchors, position the Property for a wide range of re-use opportunities, owner-user demand, and long-term leasing potential.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,781 SF
Building Class
C
Year Built
1981
Price
$1
Price Per SF
$0.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoning
Parking
46 Spaces (12.17 Spaces per 1,000 SF Leased)
Frontage
50’ on Main St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
600002760
Land Assessment
$17,410
Improvements Assessment
$23,240
Total Assessment
$40,650
  • Listing ID: 39067537

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 2210 E Main St, Cushing, OK 74023

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