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2821 W 3rd St
Elk City, OK 73644
Sears Building · Retail Property For Sale
Investment Highlights
- Formally a Sears Store located on Elk City's busiest street
- New Air Conditioning
- Plenty of parking
Executive Summary
Are you ready to make your dream of owning a retail store on Elk City's busiest street a reality?? Formally a Sears Store this property is a prime retail location. The building is 8,470 sq ft. It has ample parking. A concrete loading dock. And a full brick facade. The main 68'x 82' showroom is well lit and has a dropped ceiling. The back area has a bathroom, mechanical room and two office spaces. The back area is 35'x70' in total. This back area also has 10' a roll up door that leads to a concrete loading dock and a lowered truck ramp. The two offices are approx 13'x10' each. After running a successful business in Elk City for 30+ years I can tell you the business possibilities are endless for a heavily traveled prime location like this on Rt 66. Call for a showing today and let me show you a space that will make you successful. This property is available for sale or lease.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
8,470 SF
Building Class
C
Year Built
1998
Price
$500,000
Price Per SF
$59.03
Cap Rate
1.99%
NOI
$9,948
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.37
Lot Size
0.53 AC
Zoning
Commercial - Building located on RT66/Third Street/business 40 on west end of Elk City Oklahoma
Parking
23 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 0250-00-002-003-0-000-00 | Improvements Assessment | $40,865 |
| Land Assessment | $8,280 | Total Assessment | $49,145 |
Property Taxes
Parcel Number
0250-00-002-003-0-000-00
Land Assessment
$8,280
Improvements Assessment
$40,865
Total Assessment
$49,145
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