New Construction
Address
701 S Main Street, Stillwater, OK
Price
$ 3,600,000
Property Attributes
  • MLS#1104949
  • TypeCommercial
  • CountyPAYNE
  • CityStillwater
  • Zip74074
  • Style
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23679
Data Source:
Oklahoma City Metro MLS (OKCAR)
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

Construction Brick,Stucco
Parking Additional
Zoning Commercial
Gas Y/N Natural
Electric Public
Misc Features Curb and Gutters,Sidewalk
Sub Type Retail Freestanding

Interior Features

Cooling System Central Elec
Heating System Central Electric
Fire Sprinkler Wet
Numberof Units 4

Exterior Features

Land Dimensions 100x140
Land Sq Ft 14000
Corner Lot YN Yes

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
AVG $1.97M
$3.6M
Visits
AVG 19
25
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1911

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