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Downtown Building For Sale

Listing was updated on: 06/03/2019
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Property Overview

Price/Rent PSF $ 225,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 5,000
Date Available 12/20/2018
Additional URL Link
Floors 2
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Description

Location
El Reno has almost ZERO commercial building space available, and we currently are experiencing year TWO of an oilfield and Windmill technology BOOM. Former Buick Dealership in the 40's. Now: downstairs office space and warehouse. Upstairs: 2 private apartments, roof deck/patio. Overhead door in the front of the building as well as the back. Currently fully occupied on monthly leases if buyer wanted it vacated, or leases can likely be firmed up for longer terms, except for warehouse. Everything in good working order, roof good, plumbing and HVAC good, property manager lives 2 blocks away. Current monthly income is $1175 each apartment, $600 for office storefront (long-time tenant who has had NO price increases, formerly rented frontage for $1200), and warehouse which is currently bringing in $1200 monthly.

Sale
El Reno has almost ZERO commercial building space available, and we currently are experiencing year TWO of an oilfield and Windmill technology BOOM. Former Buick Dealership in the 40's. Now: downstairs office space and warehouse. Upstairs: 2 private apartments, roof deck/patio. Overhead door in the front of the building as well as the back. Currently fully occupied on monthly leases if buyer wanted it vacated, or leases can likely be firmed up for longer terms, except for warehouse. Everything in good working order, roof good, plumbing and HVAC good, property manager lives 2 blocks away. Current monthly income is $1175 each apartment, $600 for office storefront (long-time tenant who has had NO price increases, formerly rented frontage for $1200), and warehouse which is currently bringing in $1200 monthly.

Location

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