request_info_guest false

Main Street Retail/Office Building

$495,000

20 W Main St, Shawnee, OK 74801

Active
Last Updated: 01/31/2025

24,500 sqft

Building Size

0.1607 acres

Lot Area

Details:
Building Size:    24,500 sqft
Lot Area:    0.1607 acres
Class:    B
Year Built:    1904
Floors:    2
Highlights:
  • Located on revitalized Main Street
  • New full glass retail frontage
  • New 25 year roof coating
  • Income producing with huge value add potential
Description:

4 story income producing property located in the heart of Shawnee on Main Street with huge value add potential. The first floor has been redeveloped and is currently occupied by 5 retail and office tenants providing for a current estimated cap rate of 8.15%. By redeveloping the remaining three floors, an investor could dramatically increase the returns from the property. Shawnee has focused on breathing new life into Main Street with new sidewalks and parks making this a great opportunity to continue the revitalization of the area. The owner has installed new full glass retail frontage windows along Main and in May 2024, completed applying a new 25 year roof coating. Come check out this historic piece of Main Street!

Located on Main Street in Shawnee, Oklahoma.

Map:
Location