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Listed by Adam Johnson • Black Buffalo Real Estate
$ 220,000
Est. payment | /mo
2,434 SqFt
$ 220,000
Est. payment | /mo
2,434 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,434 sqft
Price per Sqft $90
MLS Listing ID OKC1245196
Year Built 1901
Annual Tax Amount $1,164
Property Sub-Type Retail
Property Description
114 E 1st Street offers a rare opportunity to own a highly visible commercial property in the heart of Luther. Positioned near the center of town, this established location offers strong exposure, easy accessibility, and the kind of presence that can be difficult to recreate. For an owner-operator, the property provides a flexible setting for retail, service, office, specialty use, or another community-focused business. For investors, it represents an opportunity to secure a well-positioned commercial asset in a small but established Oklahoma market with long-term usability and future upside.
The location is the real story here. This property sits where local activity, community identity, and business opportunity come together. Whether your goal is to operate your own business, lease the space, reposition the property, or hold it as a long-term investment, 114 E 1st Street offers multiple paths forward. The $220,000 list price is for the real property/building only. In addition, the seller may consider a separate purchase of approximately $30,000 in shelving/fixtures and approximately $40,000 in existing inventory, subject to mutually agreeable terms. The inventory package includes, among other items, a 1958 Yale forklift that is represented by the seller as currently operational. Any shelving, fixtures, inventory, equipment, quantities, values, and condition should be independently verified by the buyer during due diligence and are not included in the real estate list price unless specifically agreed to in writing. If you've been looking for a commercial property with visibility, character, flexibility, and investment potential, this one deserves a serious look.
The location is the real story here. This property sits where local activity, community identity, and business opportunity come together. Whether your goal is to operate your own business, lease the space, reposition the property, or hold it as a long-term investment, 114 E 1st Street offers multiple paths forward. The $220,000 list price is for the real property/building only. In addition, the seller may consider a separate purchase of approximately $30,000 in shelving/fixtures and approximately $40,000 in existing inventory, subject to mutually agreeable terms. The inventory package includes, among other items, a 1958 Yale forklift that is represented by the seller as currently operational. Any shelving, fixtures, inventory, equipment, quantities, values, and condition should be independently verified by the buyer during due diligence and are not included in the real estate list price unless specifically agreed to in writing. If you've been looking for a commercial property with visibility, character, flexibility, and investment potential, this one deserves a serious look.
Location
State OK
County Oklahoma
Zoning Commercial
Interior
Fireplace N
Exterior
Garage Spaces 10.0
Building
Story 2
Sewer Public Sewer
Water Public
Others
Miscellaneous Other,Sidewalk,Storage,Workshop
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