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Listed by Kittie Blasingame • 405 Real Estate Solutions
$ 425,000
Est. payment | /mo
2,752 SqFt
$ 425,000
Est. payment | /mo
2,752 SqFt
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,752 sqft
Price per Sqft $154
MLS Listing ID OKC1228309
Year Built 1975
Annual Tax Amount $2,139
Lot Size 0.340 Acres
Property Sub-Type Restaurant
Property Description
Great investment opportunity. Superb location with high traffic. Current potential rental rates reflect that it could bring approx $4K month. Building is currently leased for $2,300 month + $700 month for 3 pool tables & ice machine rental =$3000 month (total) until April 1, 2027. The tenant has a successful business (pool hall/bar/restaurant) and has been the same existing tenant for 20+ yrs. Rents have not been raised in 10+ years. - This sale is strictly for the building and lot/land. Tenant and Seller reserve ALL kitchen equipment, TVs, pool tables, POS system, security system, neon lighted signs, jukebox, etc. - Seller will agree to selling the 3 pool tables & ice machine for $10K total. - Please do not disturb tenants, workers or patrons. No signage, as we do not want to disturb/alert patrons & future business.
Location
State OK
County Cleveland
Zoning Commercial
Interior
Fireplace N
Building
Sewer Public Sewer
Water Public
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