Address
701 S Main Street, Stillwater, OK
Price
$ 3,600,000
Property Attributes
- MLS#2410358
- TypeCommercial
- CountyPAYNE
- CityStillwater
- Zip74074
- StyleRetail
- Year Built1911
- Taxes$ 20603
- Price$ 3,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage23679
- Lot Size0.321 Acres
Data Source:
MLS Technology
Property Description
Unique opportunity to own a restored piece of historic Stillwater. The corner of 7th and Main has been the epicenter of downtown for over 100 years and after a full restoration in 2011, this building is ready for the next 100 years. This 23,000 square foot gem is fully occupied and generating $26,000/month gross rents with leases remaining in place for the next few years. With a partial basement and elevator serving the first and second floor office space, this building has an abundance of possibilities for future opportunities. Truly a once-in-a-generation chance to own one of the most stately and historic buildings in Downtown Stillwater. First built as Stillwater Dry Goods and owned by the Selph Brothers, then for the longest tenancy, Katz Dept. Store. In 2011, the building was completely renovated top to bottom, interior and exterior, and has since been meticulously maintained and occupied by long-term tenants. Great investment in the heart of the downtown renaissance that looks to only appreciate as the under construction Block 34, and newly added Hatch, Empire Slice House, and EM, and others continue to bring interest and traffic to the area. Don't let this legacy acquisition pass you by!
| Price History | |
|---|---|
| 3/22/2024 | Listed $3,600,000 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | PublicSewer |
| Heating | Gas,HeatPump,Other |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,NaturalGasAvailable,WaterAvailable |
| Possession | SubjectToTenantRights |
| Roof | Other |
| Exterior Features | Lighting |
| Security Features | FireSprinklerSystem |
| Construction Materials | Brick |
| Year Built | 1911 |
| Tenant Pays | AllUtilities |
| Stories | 3 |
| Levels | ThreeOrMore |
| Property SubType | Retail |
| Tax Year | 2023 |
| Gross Income | 268890.0 |
| Community Features | Sidewalks |
| County | Payne |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Energy Efficient | Other |
| Possible Use | FoodService,Office,Retail |
| Garage Y/N | No |
| Building Features | Elevators |
| Status | Active |
| Directions | From 6th and Main: turn South on Main,building sits on Southeast corner of 7th and Main |
| City | Stillwater |
| Buyer Agent Compensation | 1.5% |
| View Y/N | No |
| Senior Community Y/N | No |
| High School District | Stillwater - Sch Dist (P6) |
| Zoning Description | UC |
| Lot Size Square Feet | 14000.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Main |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 20603.0 |
| 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 | 25 |
| Standard Status | Active |
| Middle/Junior School District | Stillwater - Sch Dist (P6) |
| Elementary School District | Stillwater - Sch Dist (P6) |
| Year Built Source | Owner |
| Property Sub Type Additional | Retail |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | Partial |
|---|---|
| Flooring | Other |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Fencing | None |
|---|---|
| Parking Features | OffStreet,ParkingFee,ParkingSpaces |
| Water Source | Public |
| Lot Size Area | 0.321 |
| Foundation Details | Basement |
| Spa | No |
| Building Area Total | 23679.0 |
| Lot Dimensions | 100x140 |
| Lot Size Acres | 0.321 |
| Frontage Length | 100 |
| Lot Size Units | Acres |
| 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 Commercial Average in 74074
Price
Taxes
Visits
Year Built
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