701 - 715 N. York Street

701 N York St Muskogee, OK 74403

701 N York St, Muskogee, OK, 74403
701 N York St, Muskogee, OK, 74403 701 N York St, Muskogee, OK, 74403 701 N York St, Muskogee, OK, 74403 701 N York St, Muskogee, OK, 74403
FOR SALE
Property Type:
Street Retail
Amount:
$315,000
Last Verified:
Dec 10, 2024

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Highlights

  • 200' of frontage on York Street and Washington with 129' that fronts Fredonia Street.
  • Potential for redevelopment
  • Corner lot
  • Close to Muskogee Public Schools

Description

This retail property sit on approximately .6 Acres and is uniquely situated in a manner where the property front 3 different streets. The property is zoned Local Commercial and fronts Washington, Fredonia & N York Street. The property has 2 exits and 2 entrances also well as a drive-thru lane for its quick-service restaurant.

There are five separate tenants across three buildings, all of which have in place a triple net lease, with an average expiration date of 1/30/2026. This prime investment includes income-producing buildings on strategically positioned property, ideal for stabilized income and future redevelopment. With its optimal positioning and existing income potential, this property is a dream for investors and developers alike. Capitalize now on this exceptional opportunity.

701 N. York


Year Built: 1980
Building Size: 7589sq ft
Building Class: C
Lot Size: 0.59 acres


Documents

Sale Brochure

Map of 701 N York St, Muskogee, OK, 74403

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.