Contact us today 918-571-4100

$3,600,000
0.32± Acres
Active
Payne County, OK

701 Main, Stillwater, Oklahoma

MLS ID: 2410358
Status: Active
Price: $3,600,000
Acres: 0.32±
Type: Business, Commercial
Address: 701 Main
City, State: Stillwater, OK
County: Payne County
ZIP Code: 74074
SqFt: 23,679
Year Built: 1911

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!

Directions: From 6th and Main: turn South on Main, building sits on Southeast corner of 7th and Main

Additional Information

Interior

Basement (Yes/no): Yes
Basement: Partial
Building Area Total: 23,679
Cooling (Yes/no): Yes
Cooling: Central Air
Heating (Yes/no): Yes
Heating: Gas, Heat Pump, Other

Exterior

Exterior Features: Lighting
Foundation Details: Basement
Frontage Length: 100
Lot Size Area: 0
Lot Size Dimensions: 100x140
Lot Size Square Feet: 14,000
Parking Features: Off Street, Parking Fee, Parking Spaces
Stories: 3
Water Source: Public

Financial/HOA/Schools

Days On Market: 25
Elementary School District: Stillwater - Sch Dist (P6)
Middle School District: Stillwater - Sch Dist (P6)
High School District: Stillwater - Sch Dist (P6)
Tax Annual Amount: 20603
Zoning Description: UC

Extra Information

Documents Available: Aerial
Richard Senn

Richard Senn

Jenks, Oklahoma

(918) 600-7509

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Cory Williams of Look Properties Llc