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118 N Oak St

4,551 SF Office Building Ponca City, OK 74601 £76,289 (£17/SF)

Investment Highlights

  • Brick building with 8 office spaces and 2 upstairs apartments.

Executive Summary

Need office space for your business or for a rental investment? Then look no further!! Great corner location just a block off Grand Avenue. As you step in the building you are welcomed to the reception area that serves 8 offices of which 4 are currently rented. There are also 2 bathrooms, a kitchenette and ample storage downstairs for your office needs. Upstairs are 2 apartments that are currently rented. With 10 parking spaces for you tenants and clients this is a perfect location for your business.

Attachments

Disclosues

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £8,920 £1.96
Other Income - -
Vacancy Loss - -
Effective Gross Income £8,920 £1.96
Taxes £939 £0.21
Operating Expenses - -
Total Expenses £939 £0.21
Net Operating Income £7,981 £1.75

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £8,920
Annual Per SF £1.96
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £8,920
Annual Per SF £1.96
Taxes
Annual £939
Annual Per SF £0.21
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £939
Annual Per SF £0.21
Net Operating Income
Annual £7,981
Annual Per SF £1.75

Property Facts

Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Office
Building Size
4,551 SF
Year Built
1950
Price
£76,289
Price Per SF
£17
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,276 SF
Slab to Slab
8 ft
Building FAR
0.59
Lot Size
0.18 AC
Zoning
Commercial

Amenities

  • Fenced Lot
  • Reception
  • Storage Space
  • Air Conditioning

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0920-00-015-001-0-000-00
  • 0920-00-015-001-0-001-00
 Total Assessment £7,655
Land Assessment £322 Annual Taxes £939 (£0.21/sf)
Improvements Assessment £7,332 Tax Year 2023

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0920-00-015-001-0-000-00
  • 0920-00-015-001-0-001-00
Land Assessment
£322
Improvements Assessment
£7,332
Total Assessment
£7,655
Annual Taxes
£939 (£0.21/sf)
Tax Year
2023
(580) 765-8888

Contact

  • Listing ID: 32557516

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 118 N Oak St, Ponca City, OK 74601

The Office Property at 118 N Oak St, Ponca City, OK 74601 is currently available for sale. Contact Coldwell Banker Heritage Realtors for more information.

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© 2024 CoStar Group

118 N Oak St
(580) 765-8888 x

118 N Oak St

Donna Reid

(580) 765-8888

(580) 765-8888

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