Great investment opportunity. Superb location with high traffic. Current potential rental rates reflect that it could bring approx $4K month. Building is currently leased for $2,300 month + $700 month for 3 pool tables & ice machine rental =$3000 month (total) until April 1, 2027. The tenant has a successful business (pool hall/bar/restaurant) and has been the same existing tenant for 20+ yrs. Rents have not been raised in 10+ years. - This sale is strictly for the building and lot/land. Tenant and Seller reserve ALL kitchen equipment, TVs, pool tables, POS system, security system, neon lighted signs, jukebox, etc. - Seller will agree to selling the 3 pool tables & ice machine for $10K total. - Please do not disturb tenants, workers or patrons. No signage, as we do not want to disturb/alert patrons & future business.
| MLS # | 1228309 |
|---|---|
| Listing Type | For Sale |
| Style | Restaurant |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 129 |
| Listing Provided By | 405 Real Estate Solutions | Katherine Blasingame |
| SQ Feet | 2,752 |
|---|
| Okc Tax Amount | 2139.0000 |
|---|---|
| Tax Block | 0 |
| Tax Lot | 1 |
| State | OK |
|---|---|
| County | Cleveland |
| City | Oklahoma City |
| Zip Code | 73149 |
| School District | Cleveland |
| Listing VS Median (in 73149) | |
Price: $425,000 low | high Med: $200,000 sqft: 2,752 low | high Med: 1,426 $ / sqft: $154 low | high Med: $140 On site: 129 low | high Med: 3 | |
| State | OK |
|---|---|
| County | Cleveland |
| City | Oklahoma City |
| Zip Code | 73149 |
| School District | Cleveland |
| Listing VS Median (in 73149) | |
Price: $425,000 low | high Med: $200,000 sqft: 2,752 low | high Med: 1,426 $ / sqft: $154 low | high Med: $140 On site: 129 low | high Med: 3 | |