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1210 N 1st Ave

6,400 SF 100% Leased Industrial Building Durant, OK 74701 £1,173,675 (£183/SF)

Investment Highlights

  • 1st Avenue is one of the busiest streets in Durant, and it is extremely rare for commercial property of this size, with this amount of frontage
  • Additional electric, water, and sewer utilities have been added at the South portion of the property, where there is ample space for a food truck park
  • The property sits directly across from Love's Gas Station and Sonic Drive-In.
  • This property was operated for many years as a car dealership and auto repair shop

Executive Summary

Exceptional Commercial Property On 1st Avenue in Durant, OK. This large lot features a 2,000 sq. ft. retail space, which is connected to the 3,000 sq. ft. enclosed shop space which includes three large overhead doors. There is an additional 2,200 sq. ft. of awning space attached to the main retail building. Also included is a 3,000 sq. ft. storage facility. The lot also features over 22,000 sq. ft. of reinforced poured concrete slab for parking, etc. Additional electric, water, and sewer utilities have been added at the South portion of the property, where there is ample space for a food truck park. This property was operated for many years as a car dealership and auto repair shop. 1st Avenue is one of the busiest streets in Durant, and it is extremely rare for commercial property of this size, with this amount of frontage to come available. The property sits directly across from Love's Gas Station and Sonic Drive-In. Current income from leases is $4,000, with much more property available to be utilized.

Property Facts

Price £1,173,675
Price Per SF £183
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 5.00 AC
Rentable Building Area 6,400 SF
Number of Floors 1
Year Built 2002
Parking Ratio 9.38/1,000 SF
Clear Ceiling Height 14 ft

Amenities

  • 24 Hour Access
  • Signage
  • Accent Lighting
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A399-28-06S-09E-3-004-00
Land Assessment
£5,542
Improvements Assessment
£23,599
Total Assessment
£29,141

zoning

Zoning Code C3 (C3 - General Commercial)
C3 (C3 - General Commercial)
  • Listing ID: 31761855

  • Date on Market: 10/05/2024

  • Last Updated:

  • Address: 1210 N 1st Ave, Durant, OK 74701

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