607 S Lake Murray Drive,Ardmore, OK 73401
Ardmore, OK 73401
Description
Positioned directly across from the infamous Hardy Murphy Coliseum, this commercial complex presents an exceptional opportunity for investors and owner-users alike. Built in 2020, the property consists of two steel frame buildings totaling 11,840 sq ft(per County Records) and sits in a highly visible location that benefits from steady traffic generated by year round events, fairs, equestrian competitions, and other regional attractions. Currently operating as a multi-tenant commercial investment, the property generates $4,350 per month in gross income while only 60% occupied, offering immediate upside potential through leasing or owner occupancy. The flexible design allows for multiple tenants or could easily be reconfigured to accommodate a single larger business operation. Each suite features a climate controlled office, private restroom, storage area, and an expansive warehouse space suitable for inventory storage, equipment, service operations, or additional office buildout. A large concrete parking area between the buildings provides ample room for employee parking, customer access, delivery vehicles, and equipment storage. Priced at approximately $57 per square foot, this property offers outstanding value in one of Ardmore's most strategic commercial corridors. Conveniently located near Downtown Ardmore, the Ardmore Municipal Airport, Lake Murray, the I-35 corridor, and Lakecrest Casino & Hotel, the site provides excellent accessibility for customers, employees, and transportation needs. Whether you're seeking an income-producing investment with room for growth or a versatile facility for your expanding business, this property offers the flexibility, visibility, and value to meet a wide range of commercial needs.
Details
| MLS # | 2622866 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 2020 |
| Days On Site | 81 |
| Listing Provided By | Ardmore Realty, Inc | Jeremiah McMahan |
Features
| SQ Feet | 11,840 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.78 |
Taxes
| Tax Annual Amount | 7240 |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | OK |
|---|---|
| County | Carter |
| City | Ardmore |
| Zip Code | 73401 |
| Listing VS Median (in 73401) | |
Price: $674,999 low | high Med: $259,450 sqft: 11,840 low | high Med: 1,526 $ / sqft: $57 low | high Med: $170 On site: 81 low | high Med: 39 | |
Market Activity 73401
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Learn More About This Property
| State | OK |
|---|---|
| County | Carter |
| City | Ardmore |
| Zip Code | 73401 |
| Listing VS Median (in 73401) | |
Price: $674,999 low | high Med: $259,450 sqft: 11,840 low | high Med: 1,526 $ / sqft: $57 low | high Med: $170 On site: 81 low | high Med: 39 | |