$500,000
( $29.41Per Sq Foot )
 $2,998 est/mo Sourced by Back At You

127 N Washington Street,Ardmore, OK 73401

Ardmore, OK 73401

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Description

Historic Mulkey 3 story Hotel A rare opportunity to be part of the ongoing revitalization of Downtown Ardmore. Preliminary redevelopment concepts estimate approximately $1.5 -2.5 million in renovations and included 4 commercial storefronts on the ground level with boutique hotel/studio apartments on the second and third floors. Features include a large second-floor patio with incredible downtown views that would make an incredible Cafe. Eligible buyers may benefit from various Oklahoma historic preservation and redevelopment incentives, including potential tax credit programs. The City of Ardmore is offering facade, fire Supression, sidewalk grants and is located within walking distance of Caddo Street and other downtown attractions. Whether you’re an investor, developer, or visionary entrepreneur, this is a unique opportunity to restore a landmark property and make a lasting impact on the future of Downtown Ardmore. Buyer to verify all incentive programs, tax credits, grants, redevelopment costs, and intended use. Broker/Owner.

Details

MLS #2621387
Listing TypeFor Sale
StyleHotelmotel
Sub-TypeResale
StatusActive
Year1910
Days On Site85
Listing Provided ByI Sell Houses Real Estate Co | Kori J Thompson

Features

SQ Feet17,000
Story(s)3
ZoningC1
Acreage0.32

Taxes

Tax Annual Amount403

Area Information

StateOK
CountyCarter
CityArdmore
Zip Code73401
Community NameArdmore Oaks Estates
Listing VS Median (in Ardmore Oaks Estates)
Price:
$500,000
low | high
Med:
$320,000
86% of Average
sqft:
17,000
low | high
Med:
3,755
100% of Average
$ / sqft:
$29
low | high
Med:
$85
100% of Average
On site:
85
low | high
Med:
92.5
91.891891891892% of Average
Sourced by Back At You

Market Activity 73401

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Learn More About This Property

StateOK
CountyCarter
CityArdmore
Zip Code73401
Community NameArdmore Oaks Estates
Listing VS Median (in Ardmore Oaks Estates)
Price:
$500,000
low | high
Med:
$320,000
86% of Average
sqft:
17,000
low | high
Med:
3,755
100% of Average
$ / sqft:
$29
low | high
Med:
$85
100% of Average
On site:
85
low | high
Med:
92.5
91.891891891892% of Average
Sourced by Back At You
Listing Updated: August 23, 2026 at 4:08:38 AM PDT