$495,000
Prime Downtown Office Building for Sale – Located in the heart of downtown Muskogee, this well-maintained two-story office building offers an exceptional opportunity for both investors and owner-occupants. With a prime location in the bustling Central Business District, this property features three established tenants, providing immediate rental income plus 1657… Read More sq ft available for an additional tenant or owner-occupant. Key Features: 2-story office building with a total of three tenants currently 1657 sq ft available for lease or occupancy Off-street parking for convenience and accessibility Located in the vibrant Central Business District of downtown Muskogee Perfect for investment or as a owner-occupant property High visibility and foot traffic in a thriving commercial area Walking distance to the District and Federal Courthouses This property presents a flexible investment strategy or the perfect space for an owner looking to occupy one of the units while benefiting from rental income from the other tenants. Don't miss out on this unique opportunity to own a piece of downtown Muskogee’s growing business hub. Current Cap Rate is 9% with potential of going to a 13% cap rate. For more details or to schedule a tour, contact us today! Read Less
Courtesy of Interstate Properties, Inc..
Listing Snapshot
Days Online
359
Last Updated
Property Type
Office
Square Ft.
11,546
Lot Size
0.13 Acres
Year Built
1920
MLS Number
2511058
30 Days Snapshot Of 74401
$168k
-25%
(avg) sold price
3
-40%
homes sold
98
+46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1920, Building area total: 11546, 2 stories, 2 stories total, Living area: 11546, Building features: Elevators, Frontage length: 50, Brick, Two
Community
Sidewalks
Cooling
CentralAir, ThreeOrMoreUnits
Doors
InsulatedDoors
Expenses
Operating expense: $24,408, Electric, Fuel, Insurance, RealEstateTax, WaterSewer
Floors
Carpet, Vinyl
Foundation
Slab
Water Features
Water source: Public
Heating
Central, Electric, MultipleHeatingUnits
Income
Gross income: $58,800
Interior Features
HighSpeedInternet, Kitchenette, ProgrammableThermostat
Lot
0.131 size acres, 5,695 size sqft, Size area: 0.131, Size units: Acres, ZeroLotLine
Energy Saving
Green energy efficient: Doors
Property
Property subtype additional: Office, Property subtype: Office, Property type: CommercialSale, Zoning description: CBD
Security Features
SecuritySystemOwned
Sewer
PublicSewer
Taxes
Tax annual amount: $3,003, Tax year: 2024
Utilities
ElectricityAvailable, HighSpeedInternetAvailable, PhoneAvailable, WaterAvailable
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Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: MLS Tech MLS
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