316 W Main St
About this property
Price Lowered! Investor Appeal With Anthony’s ongoing downtown revitalization efforts and limited small-format commercial inventory, this property offers a strong leasing opportunity. Estimated market rent for similar spaces ranges from $450-$700/mo, creating a potential 8-12% cap rate depending on purchase price and tenant improvements. The building needs attention to the roof and possible rehabilitation, making it a strong value-add opportunity for investors seeking to reposition a large downtown footprint at an attractive entry price. With alley access, solid visibility, and proximity to established businesses, the site supports a variety of commercial uses.
About this property
Price Lowered! Investor Appeal With Anthony’s ongoing downtown revitalization efforts and limited small-format commercial inventory, this property offers a strong leasing opportunity. Estimated market rent for similar spaces ranges from $450-$700/mo, creating a potential 8-12% cap rate depending on purchase price and tenant improvements. The building needs attention to the roof and possible rehabilitation, making it a strong value-add opportunity for investors seeking to reposition a large downtown footprint at an attractive entry price. With alley access, solid visibility, and proximity to established businesses, the site supports a variety of commercial uses.
Features and Additional Information
Presented By Coldwell Banker Select OKC
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Brokerage: Century 21 Grigsby Realty
