114 E 1st street
$299,000
114 E 1st street, Luther, OK 73054
Description:
Turnkey opportunity situated on a high-traffic corner lot near the historic Route 66, providing good visibility and foot traffic. 2,000 sq ft +/- storefront, outdoor lumber yard, and over $100,000 in inventory covering Electrical, Plumbing, lawn & Garden, lumber, tools, paint, and hardware. The store maintains its vintage appeal while incorporating modern conveniences, and it benefits from a consistent customer base. Inside, you'll find high ceilings, a sizable sales area, a private office, a half-bath, and an open second-story space. The lumber yard serves a diverse clientele, including DIYers, contractors, and local farmers. Since 2021, the current owners have invested in revitalizing the business, including new paint, updated shelving, and improved merchandising. They've also expanded inventory, refined operations, and worked to strengthen community ties through various events and social media engagement. Modern upgrades include new computers, new software, a credit card reader, a security system, a forklift, and energy-efficient lighting, ensuring efficient day-to-day operations. There's potential for growth, whether through local tourism or exploring additional offerings like workshops and specialty retail. The owners envision the store continuing as a local hub and are prepared to offer mentorship to ensure a smooth transition for the new owner.
Location
Gallery
