423 S Hazel St - Retail FOR SALE


Grove, OK 74344
$149,000 USD
832-769-1128
423 S Hazel St, Grove, OK for Sale
$149,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

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423 S Hazel St
Grove, OK 74344


HIGHLIGHTS

  • Exceptional Value-Add Pricing
  • Prime High-Traffic Location with Tourism Boost
  • Versatile Building

OVERVIEW

Listing Price: $149,000 ($62.08/SF) Building Size: 2,400 SF | Lot Size: 0.14 Acres Asset Type: Single-tenant retail/flex (former Van’s Printing) Zoning: Urban Commercial Key Features: Metal building with stone wainscot, concrete floors, wood-paneled walls, extensive built-in wooden shelving, rear roll-up garage door, open adaptable layout. Value Proposition Strong value-add entry at ~37% below Grove single-tenant retail submarket average (~$99/SF). Excellent repositioning potential — renovate and capture near-term equity. Highly functional for retail, service, showroom, workshop, light industrial, or owner-user. Immediate utility with existing shelving and open warehouse-style space. Location Highlights Prime visibility and access just off US Highway 59 (˜15,000 vehicles/day). Heart of Grove near Grand Lake O’ the Cherokees — benefits from $205M annual tourism spending and 1.8M overnight stays. Strong local traffic + seasonal tourism demand. Proximity to major employers (INTEGRIS Grove Hospital ~1.3 mi, Walmart, schools, manufacturing). Investment Highlights Flexible, adaptable building format. Non-conforming commercial use advantage — limits local competition. Stable economic base with manufacturing, healthcare, retail, and tourism drivers. Tight supply / strong demand in the submarket (retail pull factor 2.53). Sales Comps Snapshot Subject is priced very aggressively vs. recent/nearby sales

FOR SALE DETAILS

PRICE

$149,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

R&D, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Urban Commercial

APN/PARCEL ID

24N24E-05-0-40100-032-0005

ASK ABOUT THIS PROPERTY

Dakota OwenSVN | Oak Realty AdvisorsMore Info
832-769-1128

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Dakota OwenSVN | Oak Realty AdvisorsMore Info
832-769-1128

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