Address
218 E Central Avenue, Miami, OK
Price
$ 899,900
Property Attributes
  • MLS#2401965
  • TypePending
  • CountyOTTAWA
  • CityMiami
  • NeighborhoodMiami OT
  • Zip74354
  • StyleBusiness
  • Year Built1935
  • Taxes$ 6895
  • Price$ 899,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage17480
  • Lot Size0.361 Acres
Data Source:
MLS Technology
Property Description

Prime Investment Opportunity in Miami, Oklahoma! Discover the potential of this recently renovated multifamily mixed-use property, strategically located near the highly Anticipated new amusement park. this remarkable complex boasts 16 apartments & 4 commercial spaces, presenting an exceptional chance for Investors seeking maximum returns. Currently, 12 cash-flowing residential apartments are leased, ensuring immediate revenue generation. Additionally, 2 well-positioned commercial spaces, flexible for retail or office use with a a small warehouse & garage, offer diversified income streams. This one time investment find is packed with incredible value & presents tremendous forced appreciation potential. Benefit from the ongoing developments in the area & ensure a high return on vestment for years to come. Key features: - 16 spacious & modern apartments - 4 versatile commercial spaces - 12 fully leased residential apartments - 2 commercially attractive retail/office units w/versatile warehouse space & garage - Recently renovated with attention to detail - Close proximity to the new amusement park - Prime location for maximum capital appreciation

Price History
1/20/2024 Listed $899,900

General Features

Interior Features HighCeilings,Kitchenette,CableTV
Sewer PublicSewer
Heating Central,Gas,MultipleHeatingUnits,Zoned
Cooling Item2Units,Zoned
Utilities CableAvailable,ElectricityAvailable
Possession CloseOfEscrow
Roof Other
Exterior Features Lighting,Storage
Security Features SecuritySystemOwned,SmokeDetectors
Construction Materials Brick
Year Built 1935
Electric Item220Volts
Tenant Pays Other
Stories 2
Levels Two
Property SubType Business
Tax Year 2022
Community Features Sidewalks
County Ottawa
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Energy Efficient Windows
Subdivision Name Miami OT
Possible Use MixedUse,Office,Other
Garage Y/N No
Building Features DoorSign,Dumpster
Status Pending
Directions POB: Turnpike date: West on Steve Owens Blvd. North @ D Street. West @ Central Ave. Property is located on corner of Central & C St.
City Miami
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
High School District Miami - Sch Dist (O4)
Zoning Description UC
Lot Size Square Feet 15720.0
Waterfront Y/N No
Carport Y/N No
Street Name Central
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6895.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 5
Standard Status Pending
Middle/Junior School District Miami - Sch Dist (O4)
Elementary School District Miami - Sch Dist (O4)
Year Built Source PublicRecords
Property Sub Type Additional Business
MobileHomeRemainsYN No

Interior Features

Basement Partial
Flooring Concrete,Vinyl,WoodVeneer
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features InsulatedWindows,StormWindows
Fireplace Y/N No
BuyerOfficeEmail [email protected]
Street Suffix Avenue
Electric On Property Y/N No
LivingAreaSource PublicRecords

Exterior Features

Fencing None
Parking Features ParkingSpaces
Lot Features SplitPossible
Water Source Public
Lot Size Area 0.361
Foundation Details Basement,Slab
Spa No
Building Area Total 17480.0
Lot Dimensions 131x120
Lot Size Acres 0.361
Frontage Length 131
Lot Size Units Acres
Door Features StormDoors
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 74354

Price
AVG $160K
$900K
Taxes
AVG $844
$6,895
Visits
AVG 11
63
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1935

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