116 W 7th St - Specialty FOR SALE


Newkirk, OK 74647
$165,000 USD
580-763-2760
116 W 7th St, Newkirk, OK for Sale
$165,000 USD
Specialty - FOR SALE
1/8
null | Request Cap Rate

116 W 7th St
Newkirk, OK 74647


HIGHLIGHTS

  • 2318 SQ FT Building
  • Main Floor-Fully Equipped Restaurant
  • Second Floor-Ready For Your Imagination To Complete
  • Downtown

OVERVIEW

For sale is a charming business establishment, boasting a rich history dating back to its construction in 1899. Located in the heart of downtown Newkirk, this two-story building offers an excellent opportunity for entrepreneurs to start their own venture. The main floor spans an impressive 2,318 square feet and features a fully equipped kitchen, perfect for aspiring chefs or restaurateurs. The dining area has been thoughtfully set up, creating an inviting atmosphere for customers. Additionally, the entirety of the building has undergone renovations, including updated and handicap accessible bathrooms, ensuring comfort and convenience for all patrons. Notably, the main floor also includes a dedicated storage area with a delivery door, ideal for managing inventory and ensuring swift operations. The kitchen has been remodeled to meet standards, equipped with the latest appliances and fixtures, ensuring an efficient workflow. One of the standout features of this property lies on the top floor, which presents an enticing opportunity for customization and personalization. Currently in the beginning stages of renovation, this space can be transformed into a splendid loft apartment or a cozy living area, serving as a convenient residence for the new owners. Imagination and creativity can surely flourish in this space, allowing for various possibilities to explore. Overall, this business for sale presents an exciting chance to own a piece of history and create a thriving business in downtown area of Newkirk. The well-maintained building, coupled with the inclusion of essential kitchen equipment, provides a strong foundation for success. The upper floor, ready for customization, offers flexibility and potential for additional income streams or personal use. With its prime location, remodeled amenities, and possibilities for expansion, this property is primed to attract both locals and tourists alike. Don't miss out on this remarkable opportunity to bring your entrepreneurial dreams to life in this historic community.

FOR SALE DETAILS

PRICE

$165,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,017 SF

ZONING

CBD

APN/PARCEL ID

4000-00-033-020-0-000-00

ASK ABOUT THIS PROPERTY

Russ DidlakeKeller Williams SelectMore Info
580-763-2760

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Russ DidlakeKeller Williams SelectMore Info
580-763-2760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.