729 S 6th Street, McAlester, OK 74501
sale
$299,000
|
Office
Courtesy Of Property Solutions Real Estate Co.
Income-producing commercial opportunity featuring a well-maintained dual-suite building, each side offering separate entrances, individual HVAC units, restrooms, and electric meters - ideal for multi-tenant operation or owner-user occupancy with supplemental income. Both suites feature open front layouts with excellent natural light, polished concrete flooring, secondary rooms, and additional office or break areas, providing flexibility for office, retail, salon, or service-based businesses. The main building is in excellent condition inside and out and is move-in ready. Previously, one suite rented for $1,000/month, with both sides offering similar layouts - presenting strong upside potential, with projected market rents of approximately $2,000+/month combined, supporting an estimated 6-8% stabilized cap rate, with upside to 8%+ based on market rents. Property includes parking in both front and rear, plus an additional detached storage/auxiliary structure offering further value-add potential with improvement. Side lot conveys, providing flexibility for expansion, extra parking, or future development. Located in a visible area with steady traffic flow. Priced to allow for immediate income with long-term appreciation and operational upside. Excellent opportunity for investors seeking stabilized cash flow with value-add components or owner-users looking to offset occupancy costs. Pro forma cap rate based on projected rents. Buyer to verify income and expenses.
Read More About This Property
Read Less About This Property
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Exterior Type: Steel
- Floor Covering: Concrete
- Floors: 1
- Legal Description: Lots 15&16 540B SO MCALESTER
- MLSID: 2604322
- Roof Type: Metal
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$334,900
Other
1221 E Washington Avenue
McAlester, OK 74501
Building: 22,155 sq. ft.
|
Land: 0.73 Acres
Courtesy Of Century 21, Shirley Donaldson, Inc.
sale
$259,900
Other
211 N 5th
McAlester, OK 74501
Building: 1,749 sq. ft.
|
Land: 0.05 Acres
Courtesy Of Leader Group Realty
sale
$249,900
Other
1 W Choctaw Ave
McAlester, OK 74501
Building: 5,100 sq. ft.
|
Land: 0.89 Acres
Courtesy Of Leader Group Realty