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700 E Broadway St 2,726 SF Retail Building Lexington, OK 73051 $495,000 ($181.58/SF)
Investment Highlights
- 2,726 SF commercial building with existing drive-thru
- Prime corner location on State Highway 39 (E Broadway)
- Large 2.19-acre site with excess land for expansion
- Open retail floor plan with office, storage, kitchenette, and ample parking
Executive Summary
This 2,726-square-foot commercial building is situated on a 2.19-acre parcel along E. Broadway (State Highway 39) in Lexington, Oklahoma, offering robust visibility and accessible frontage on a highly traveled route. The property includes an existing drive-thru and a spacious parking area, providing flexibility for a wide variety of commercial applications. With an open interior layout featuring office space, storage areas, and a kitchenette, the site is well equipped to accommodate retail, medical, or service-based operations.
The generous lot will appeal to buyers seeking expansion possibilities, redevelopment potential, or a value-add investment opportunity. Its convenient proximity to I-35 ensures regional connectivity, while nearby businesses — including national brands and local retailers — strengthen the commercial vitality of the corridor. Whether repurposed for a new retail venture, a restaurant, or a mixed-use concept, this asset provides both immediate functionality and long-term upside within an established business district of Lexington.
The generous lot will appeal to buyers seeking expansion possibilities, redevelopment potential, or a value-add investment opportunity. Its convenient proximity to I-35 ensures regional connectivity, while nearby businesses — including national brands and local retailers — strengthen the commercial vitality of the corridor. Whether repurposed for a new retail venture, a restaurant, or a mixed-use concept, this asset provides both immediate functionality and long-term upside within an established business district of Lexington.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
2,726 SF
Building Class
C
Year Built
1993
Price
$495,000
Price Per SF
$181.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.19 AC
Zoning
Commercial - Commercial
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R0117602 | Improvements Assessment | $20,073 |
| Land Assessment | $17,195 | Total Assessment | $37,268 |
Property Taxes
Parcel Number
R0117602
Land Assessment
$17,195
Improvements Assessment
$20,073
Total Assessment
$37,268
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