Rebecca Griffin
REALTOR®
SQUARE FEET13,400
MLS#2628118
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOkmulgee - Sch Dist
Property Description
Incredible investment opportunity with massive upside and immediate cash flow! This property is located directly across the street from OSU Okmulgee, in the heart of Creek Nation. Situated on a spacious 1.5-acre lot with 314 feet of frontage, this prime property features two 30x150' storage buildings totaling 72 units, currently generating $3,800/mo. Massive value-add potential exists immediately by turning over 4 vacant units and bringing below-market rents up to market rate, pushing storage potential to $5,000/mo. Additionally, the main commercial building brings in $1,500/mo from a hair salon and office space, and boasts a brand-new roof with a 5-year warranty. An attached warehouse space can be leased for an extra $500/mo. Generating $63,600/year as-is, this asset offers a clear path to optimization and enough acreage to double the storage capacity easily.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Heating: Central, Electric
Lot Size: 1.48 Acres
Roof Type: Other
Taxes: $3,134
Year Built: 2005
Amenities
Cable TV
Storage
Feature Descriptions
Building Features: Public Restrooms
Days on Site: 15
Exterior: Frame
Fencing: None
Lot Dimensions: 205'x314'
Parcel#: 1150-00-001-012-0-001-00
Parking: Paved, Parking Space(s)
Parking Notes: Paved, Parking Space(s)
Sewer: Public Sewer
Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public
Local Schools
School District: Okmulgee - Sch Dist
Listed By / Shown By
Listed By
Agency Name: Impact Realty, LLC.
Shown By
Agent Name: Rebecca Griffin
Agent Phone: (918) 430-4670
Agency Title: Solid Rock Realtors
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1713 College Lane | MLS# 2628118
This commercial property located at 1713 College Lane, Okmulgee, OK 74447 is currently listed for sale with an asking price of $575,000. College Lane is located within the Okmulgee - Sch Dist school district. Search Okmulgee real estate on rebecca.solidrockrealtors.com today.