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402 W Main St 3,500 SF 100% Leased Retail Building Stroud, OK 74079 $220,000 ($62.86/SF)
Investment Highlights
- Prime Hard Corner location on Historic Route 66 in downtown Stroud with exceptional visibility and high tourist traffic.
- Features convenient street parking front and back, plus an alternate address at 218 N 4th Ave offering approximately 1,000 SF of additional space.
- Significant CapEx completed: New HVAC (2022) and Roof (2023). Fully refurbished interior (2023) ensures a low-maintenance, turnkey investment.
- Ample and convenient public street parking available directly at the storefront and along the side of the building.
Executive Summary
Located at the main intersection on historic Route 66, this property offers unbeatable visibility and high tourist traffic. The building comes with a tenant already in place, ensuring immediate income for the new owner. Recent upgrades include new HVAC systems (August 2022) and a new roof (June 2023), plus a full refurbishment in 2023.
Enjoy convenient street parking in both the front and back of the building. The property also features an alternate address at 218 N 4th Ave, offering approximately 1,000 SF of additional space. This is a rare chance to own a prime, income-producing property in a thriving downtown location!
Enjoy convenient street parking in both the front and back of the building. The property also features an alternate address at 218 N 4th Ave, offering approximately 1,000 SF of additional space. This is a rare chance to own a prime, income-producing property in a thriving downtown location!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,500 SF
Building Class
C
Year Built
1903
Price
$220,000
Price Per SF
$62.86
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.09 AC
Zoning
C-2/C-3 - General Commercial zoning supporting retail and office use on the historic Route 66 corridor
Frontage
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Stroud Tag Agency / Terrell Insurance Group
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Stroud Tag Agency / Terrell Insurance Group | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 600000032024000000 | Total Assessment | $8,614 |
| Land Assessment | $861 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $7,753 | Tax Year | 2025 |
Property Taxes
Parcel Number
600000032024000000
Land Assessment
$861
Improvements Assessment
$7,753
Total Assessment
$8,614
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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402 W Main St
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