Steven D Singer - Commercial Real Estate Showcase

Steven D Singer Property Listings
Steven D. Singer
617 N Cleveland
Enid, OK 73703
(580) 237-3311

324 W Maine Avenue

Enid, OK 73701-5610

Property Type:Office Sub Type:- Status:Existing , Renov 2000 Year Built:1940
Stories:1 Typical Floor:- Building Size:5,609 SF
For Sale Price:$475,000 Price/SF:$84.69
Cap Rate:8.00 %
Parking:20 Surface spaces are available; Ratio of 3.56/1,000 SF

Sale Notes:
" Good condition
" Clear Ceiling Height: 12 ft.
" Floor to ceiling exterior windows (double pane)
" Open floor plan
" Interior garden/atrium
" Abundant outside light
" Membrane roof
" Six individual multi-purpose rooms two with private baths
" Four restrooms
" Conference/library
" Kitchen & break area
" Multiple storage/specialty rooms
" Large reception area with four interior workstations
" Filing room
" Supply room
" Large pylon footing for signage
" On one-quarter acre with open surface parking for 15+
" Alarm
" Fiber Optic, data and telephone cabling.

" Suitable for office use, law office, energy producer, doctor' s building, accounting office, insurance sales. Rentable at $10.00 to $11.50/SF; Fixed/variable costs of $13k/year; 8%+ capitalization rate.

" Property currently configured as single tenant building with central reception, conference room, 5 offices surrounding a center core atrium. With moderate expense the property could be re-configured for retail or restaurant use, including drive through access.
The building is located on the west side of downtown Enid at the intersection of Maine and Adams. The building has full ingress and egress via rear alleyway, as well as available parking on Adams Street. The location offers excellent access to US Highway 412 and to US Highway 81. The US Highway 81 Business Rout is three blocks east of the property.
Easy walking distance to downtown, Courthouse, Federal building, central public library and similar.
Easy walking distance to dining, banking, retail, housing & employment centers.
Significant development taking place in the market area. This property is 2 blocks from new and upcoming attractions/events including the recently constructed multi-million dollar Enid Events Center and the planned multi-million dollar Sheridan downtown hotel.

Steven D. Singer
Steven D Singer
(580) 237-3311

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