This recently remodeled commercial property in downtown Stillwater offers a unique income-producing opportunity for investors seeking diversity and long-term upside. Currently configured as five distinct units, the property accommodates a mix of retail, service, and office tenants. Existing occupants include a popular coffee shop generating daily customer activity, a local church, and a janitorial services operator. A one-bedroom apartment provides additional rental income, while a large commercial space remains available for future leasing or owner occupancy.
Renovations have added significant value, including exterior brick restoration, new roofing, updated HVAC, fresh paint, and modern windows throughout. Positioned on a major arterial in Stillwater’s central district, this property benefits from steady traffic flow, strong connectivity to nearby residential areas, and proximity to Oklahoma State University. Ample on-site parking ensures convenience for tenants and their customers, a key feature for downtown locations.
Located within an Opportunity Zone, the asset offers potential tax benefits for qualified investors. Whether as a long-term hold or part of an expanding portfolio, this property pairs strong fundamentals with locational advantages in the vibrant Stillwater market.