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Listed by Lavon Overton • EAGLE REALTY-THE MORLEY GROUP
$1,250,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OKC1139415
Construction Status Concrete
Year Built 1950
Acres 2.6
Property Sub-Type Land
Property Description
Opportunity to own an entire city block along Weatherford's Main Street is a rare gem! At 2.6 acres, it offers even more space for development or business ventures, with prime visibility & traffic from historic U.S. Route 66. The zoning of C2 (General Commercial) provides plenty of flexibility for a wide range of business types, with a added bonus of being within the Oklahoma Federal Opportunity Zone could result in significant tax incentives, offering a financial perk. Existing structures, including the 3,408 sq. ft. shop with offices & overhead doors, are ideal for businesses requiring storage, workspace, or even distribution. The additional 252 sq. ft. building currently being rented out as a salon also brings in some passive income, being a nice bonus for the property's cash flow. Having the option to split the block into two parcels (MLS #1139419 and MLS #1139420) also gives flexibility for potential buyers—whether they want to buy the entire block or focus on a smaller section for a specific use. Priced below appraisal value dated July 2024, this could be a great time to jump in, especially if you're looking to invest in a rapidly growing community.
Location
State OK
County Custer
Zoning Commercial
Interior
Fireplace N
Exterior
Parking Features Concrete
Garage Description Concrete
Building
Structure Type Concrete
Construction Status Concrete
Others
Acceptable Financing As is Condition
Listing Terms As is Condition
Virtual Tour https://www.propertypanorama.com/instaview/okc/1139415
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