139 W Shawnee St - Storefront FOR SALE


Muskogee, OK 74401
$1,800,000 USD
918-370-2877
139 W Shawnee St, Muskogee, OK for Sale
$1,800,000 USD
Storefront - FOR SALE
1/7
null | 8% Cap Rate

139 W Shawnee St
Muskogee, OK 74401


HIGHLIGHTS

  • The property is located in downtown Muskogee, good traffic and visibility.

OVERVIEW

Discover an exceptional retail investment opportunity in the heart of Muskogee’s primary commercial corridor. Built in 2017, this modern 9,800 SF retail center offers strong curb appeal, high visibility, and direct access along W Shawnee St, one of the city’s most highly traveled retail arteries with 18,300 VPD. The property features three units and is currently 60% occupied, providing both immediate in-place income and attractive value-add potential through lease-up of the remaining space. Surrounded by some of the region’s top-performing national retailers—including Walmart, Ross, T.J. Maxx, McDonald’s, Red Lobster, Golden Corral, and Bricktown Brewery—the site benefits from consistent traffic, established consumer draw, and strong retail synergy. The property sits on a 41,859 SF lot and is zoned F1, offering flexibility for a wide range of retail, restaurant, and service-oriented uses. At a purchase price of $1,800,000, the asset is offered at just $184 per square foot and delivers a proforma NOI of $144,000, translating to an 8.0% cap rate and a strong first-year cash-on-cash return. With modern construction, excellent accessibility, and favorable demographics—nearly 37,000 residents within five miles—the property is well positioned for both stable performance and future growth. Whether you are seeking a reliable income-producing asset or a value-add retail opportunity in an established trade area, 139 W Shawnee represents a rare chance to acquire a high-quality retail center with lasting upside

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

Commercial

APN/PARCEL ID

10354

ASK ABOUT THIS PROPERTY

Chandler MoreauMoreau Property AdvisorsMore Info
918-370-2877

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Chandler MoreauMoreau Property AdvisorsMore Info
918-370-2877

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