225 S Knoblock St - Storefront FOR SALE


Stillwater, OK 74074
$2,650,000 USD
405-533-1767
225 S Knoblock St, Stillwater, OK for Sale
$2,650,000 USD
Storefront - FOR SALE
1/42
null | Request Cap Rate

225 S Knoblock St
Stillwater, OK 74074


HIGHLIGHTS

  • Prime location
  • Corner lot
  • New roof
  • updated HVAC's
  • Original wood floor restoration

OVERVIEW

This is a rare chance to acquire the iconic Peck’s Lodge building, a fully leased mixed-use property in the heart of Stillwater. Offering 13,900 square feet of usable space, the corner-lot property is anchored by seven established retail and office tenants, with leases in place projecting $198,144 in annual gross rents for 2026. With a location just steps from the Oklahoma State University campus, the building provides unmatched visibility and accessibility, ensuring long-term stability and tenant appeal. Over the past three years, more than $500,000 has been invested into capital improvements, preserving the building’s historic character while enhancing its functionality for modern use. A new TPO roof was installed in 2023, and upstairs renovations included the refinishing of 7,000 square feet of hardwood flooring along with an HVAC realignment to serve multiple tenants. A portion of the lower level was completely gutted and restored encompassing 3,500 square feet of newly rented space and two additional bathrooms. With its rich history, unbeatable location, and extensive recent upgrades, the Peck’s Lodge building is not only a stable income-producing asset but also an exciting opportunity to secure one of Stillwater’s most recognizable properties. It offers investors the perfect combination of character, performance, and long-term potential.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

225 S. Knoblock Stillwater, OK - Pecks Lodge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,792 SF

ZONING

Tran Sect 6

APN/PARCEL ID

600023292

ASK ABOUT THIS PROPERTY

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405-533-1767

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405-533-1767

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