Newcastle, OK 73065,102104 NW 16th ST
Newcastle, OK 73065,102104 NW 16th ST
Newcastle, OK 73065,102104 NW 16th ST
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Listed by Tiffany M Elcyzyn • Chamberlain Realty LLC
$1,200,000
Est. payment /mo
8,735 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 8,735 sqft

Price per Sqft $137

MLS Listing ID OKC1177758

Construction Status Frame,Metal

Year Built 1979

Annual Tax Amount $990

Lot Size 1.530 Acres

Acres 2.15

Property Sub-Type Investment

Property Description

Investment Portfolio Overview – Newcastle, Oklahoma
This two-building commercial portfolio offers investors a stable, income-producing asset in the growing Newcastle submarket, strategically positioned between Norman and South Oklahoma City. With a mix of Triple Net (NNN) and Modified Gross leases, the portfolio delivers both consistent returns and balanced exposure across two established tenants with long-term operational histories. On-site businesses with standing leases to include: A Licensed Daycare Facility(2980SF): Fully compliant and operating with strong community demand, this daycare is well-established and equipped with classrooms, outdoor play areas, and secure entry points. Granite Manufacturing Business(1225SF Office, 4600SF Warehouse): Featuring ample workspace, specialized equipment, and efficient layout, this business serves both residential and commercial clients with a proven track record and growth potential. Additional highlights. Acreage included, allowing room for future expansion, storage, or additional development.Convenient access to major roadways, with ample parking and gated drive. Whether you're looking to expand your portfolio or establish your presence in a growing area, this is a rare opportunity to own a multi-stream income property with immediate returns. Serious inquiries only. Financials and lease details available with signed NDA.

Location

State OK

County Mcclain

Zoning Commercial

Interior

Fireplace N

Exterior

Parking Features Asphalt

Garage Description Asphalt

Building

Sewer Public Sewer

Water Public

Structure Type Frame,Metal

Construction Status Frame,Metal

Others

Miscellaneous Shop,Workshop

Acceptable Financing Cash, Conventional, Sell FHA or VA

Listing Terms Cash, Conventional, Sell FHA or VA


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Multiple Listing Service of Oklahoma (MLSOK)

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Gordon Watson

Gordon Watson

+1(405) 631-2882

Broker | License ID: 80415

Broker License ID: 80415

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