1516 W Highway 51 - Retail FOR SALE


Wagoner, OK 74467
$975,000 USD
918-884-5263
1516 W Highway 51, Wagoner, OK for Sale
$975,000 USD
Retail - FOR SALE
1/34
null | Request Cap Rate

1516 W Highway 51
Wagoner, OK 74467


OVERVIEW

INCOME-PRODUCING COMMERCIAL OPPORTUNITY WITH PRIME FRONTAGE ON HWY 51 IN WAGONER – POTENTIAL OWNER FINANCING AVAILABLE! Positioned along a strong commercial corridor with direct frontage on Hwy 51, this 1.47+/- acre property offers excellent exposure, accessibility, and long-term potential. Conveniently located just 1/4 mile from Hwy 69, 8 miles from the Muskogee Turnpike, and 14.5 miles from US-412, the property provides easy access to both local and regional traffic. The property is also situated 14 miles to Coweta, 15 miles to Muskogee, 23 miles to Broken Arrow, and 35 miles to Downtown Tulsa. The property includes a 1,200 +/- SF building (CH) currently in use, providing immediate functionality and consistent income. The existing improvements support a range of commercial uses, including retail, service-based businesses, or a continued investment hold. For buyers focused on income, the property delivers steady cash flow from day one while still allowing room for future improvements or redevelopment. Continued activity in the surrounding area supports the long-term strength and desirability of this location. Seller is open to considering owner financing for qualified buyers. Please inquire about specific details! Located less than 10 miles from Fort Gibson Lake, this property benefits from proximity to one of northeastern Oklahoma’s most established recreational destinations, drawing consistent traffic from visitors, outdoor enthusiasts, and lake-area residents. With over 19,000 surface acres known for boating, fishing, and year-round recreation, the lake contributes to steady activity in the surrounding market, supporting nearby businesses and enhancing long-term commercial viability. Whether you are looking to expand your portfolio, secure a prime commercial location, or plan for future use, this property offers a compelling combination of current income and long-term opportunity. Schedule a private showing today. Buyer’s agents welcome.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$813 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baitshop

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,020 SF

ZONING

UC

APN/PARCEL ID

730003345

ASK ABOUT THIS PROPERTY

Drew AryAry Land Co | KW Advantage LandMore Info
918-884-5263

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Drew AryAry Land Co | KW Advantage LandMore Info
918-884-5263

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