1324 S Main, Stillwater, OK 74074

  • $575,000
1324 S Main, Stillwater, OK 74074
  • Commercial, Commercial Sale
  • Property Type
Active
1324 S Main, Stillwater, OK 74074
1324 S Main, Stillwater, OK 74074
  • $575,000

Description

COMMERCIAL LISTING – DOWNTOWN STILLWATER MULTI-UNIT INVESTMENT! This is a rare opportunity to own a recently remodeled commercial building in the heart of downtown Stillwater! Currently divided into 5 units with the flexibility to reconfigure into more spaces, this property offers excellent income potential and investment stability. Recent Updates Include: Exterior brick restoration, new roof, updated HVAC system, fresh paint, and new windows throughout. The building has been thoughtfully updated to modern standards while maintaining its downtown character. Current Revenue Streams: The property is generating income from multiple tenants, providing stability and cash flow. An operating coffee shop occupies one unit, bringing daily foot traffic and community activity. A local church has established their presence in another unit. A janitorial services business operates in a third space, demonstrating the property’s appeal to diverse business types. A one-bedroom studio apartment recently became available, offering additional rental income potential. Expansion Opportunity: One large commercial unit is currently vacant, waiting for the right tenant or use. With the flexibility to reconfigure the existing five units into additional smaller spaces, you have multiple options to maximize occupancy and income. Prime Location: Situated in downtown Stillwater on a major thoroughfare in an expanding area of the city. The location is ideal for retail, services, restaurants, professional offices, and mixed-use development. BONUS: This property is located in an Opportunity Zone, offering significant tax advantages for qualified investors looking to grow their investment portfolio. Ample parking is available, making it convenient for customers and tenants – a major asset in today’s commercial market! Whether you’re an experienced investor looking to expand your portfolio or an entrepreneur seeking multiple income streams from one property, this downtown gem offers tremendous potential!

  • Address 1324 S Main
  • City Stillwater
  • State/county OK
  • Zip/Postal Code 74074
  • Area Barnes Addition

Details

  • Price: $575,000
  • Garage Size: x x
  • Property Type: Commercial, Commercial Sale
  • Property Status: Active
  • List Agent Name: Vicky Jerome
  • List Office Name: RE/MAX Signature

Additional details

  • School District: Highland Park Elementary
  • Roof: Tar & Gravel
  • Sewer: City
  • Cooling: Central
  • Heating: Forced Air
  • County: Payne
  • Property Type: Commercial Sale
Okie Homes Realty & Property Management 424 E Lakeview Rd, Stillwater, OK 74075 (405) 338-9616

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Hailey Payne
  • Hailey Payne