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6598 OK-98 Highway 11,542 SF Vacant Retail Building Wright City, OK 74766 $275,000 ($23.83/SF)



Executive Summary
Exceptional opportunity to own a highly versatile 11,542 square foot commercial building situated on 2.72 acres with significant room for expansion and redevelopment.
This former hardware store property offers three large units, making it ideal for retail, restaurant, office conversion, warehouse, or multi-tenant investment use.
Property Highlights:
11,542 SF total building size
2.72 acres total land
3/4 acre behind the building - prime for future expansion or additional development
Potential to convert into 8-10 office suites
Ample on-site parking
City water and sewer
Multiple 200-amp electrical services
3-phase electric
Five (5) HVAC units
Floor drains throughout
Unit Details:
Unit 1 - Former Hardware Store
Two (2) restrooms
Large open retail floor plan
Flexible layout for retail, showroom, or office redevelopment
Unit 2 - Former Restaurant
Three (3) restrooms
Existing vent hood
Fire suppression system still in place
Ideal for restaurant, catering, commissary kitchen, or food-service conversion
right Major cost savings for restaurant or food-service tenant placement
Unit 3- Former Feed Store
Storeage facility
Is now cleared out and could easily be converted into another business quickly
Value-Add Opportunities
Subdivide into multiple income-producing suites
Lease to restaurant, retail, medical, office, or light industrial users
Expand building footprint on rear 3/4 acre
Develop additional structures for supplemental rental income
Hold for cash flow or reposition for resale at higher cap rate compression
With strong utility capacity, existing commercial infrastructure, and excess land for growth, this asset presents a rare opportunity to create long-term value through redevelopment, lease-up, or adaptive reuse.
Serious investors seeking flexibility, scale, and upside potential should inquire for additional financials and site detai
This former hardware store property offers three large units, making it ideal for retail, restaurant, office conversion, warehouse, or multi-tenant investment use.
Property Highlights:
11,542 SF total building size
2.72 acres total land
3/4 acre behind the building - prime for future expansion or additional development
Potential to convert into 8-10 office suites
Ample on-site parking
City water and sewer
Multiple 200-amp electrical services
3-phase electric
Five (5) HVAC units
Floor drains throughout
Unit Details:
Unit 1 - Former Hardware Store
Two (2) restrooms
Large open retail floor plan
Flexible layout for retail, showroom, or office redevelopment
Unit 2 - Former Restaurant
Three (3) restrooms
Existing vent hood
Fire suppression system still in place
Ideal for restaurant, catering, commissary kitchen, or food-service conversion
right Major cost savings for restaurant or food-service tenant placement
Unit 3- Former Feed Store
Storeage facility
Is now cleared out and could easily be converted into another business quickly
Value-Add Opportunities
Subdivide into multiple income-producing suites
Lease to restaurant, retail, medical, office, or light industrial users
Expand building footprint on rear 3/4 acre
Develop additional structures for supplemental rental income
Hold for cash flow or reposition for resale at higher cap rate compression
With strong utility capacity, existing commercial infrastructure, and excess land for growth, this asset presents a rare opportunity to create long-term value through redevelopment, lease-up, or adaptive reuse.
Serious investors seeking flexibility, scale, and upside potential should inquire for additional financials and site detai
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
11,542 SF
Building Class
C
Year Built
1977
Price
$275,000
Price Per SF
$23.83
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.10
Lot Size
2.72 AC
Property Taxes
| Parcel Number | 7099-04-06S-22E-1-008-00 | Improvements Assessment | $5,093 |
| Land Assessment | $1,733 | Total Assessment | $6,826 |
Property Taxes
Parcel Number
7099-04-06S-22E-1-008-00
Land Assessment
$1,733
Improvements Assessment
$5,093
Total Assessment
$6,826
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