25100 U.s. 59, Grove, OK 74344
sale
$1,725,000
|
Other
Courtesy Of Keller Williams Realty Grand Lake
A rare opportunity to purchase an established, income producing commercial property right in Grove. LakeTime Business Center combines office rentals, event space, and a fully occupied storage facility into one investment with multiple revenue streams already in place. Profit and loss statements are available for qualified buyers, giving investors the opportunity to review the property's established performance. The approximately 7,000 square foot steel framed main building includes 14 private offices currently leased to local businesses, three bathrooms, and a 40 x 30 event space. The layout provides consistent rental opportunities while offering flexibility for future uses, additional services, or an owner operated business. The storage portion of the property adds another strong income source and is currently fully occupied with 58 units. The facility includes 15 oversized 50 x 14 units, 16 40 x 14 units, and 27 10 x 20 units. With a large portion of the facility designed to accommodate boats, RVs, vehicles, equipment, and other oversized storage needs, the property is especially well positioned for the Grand Lake market. Location is another major advantage. Positioned directly off US 59 heading into Grove, the property offers excellent visibility, easy access, and exposure along one of the primary routes into town. Tenants and storage customers can easily access the property while businesses benefit from a recognizable and convenient location. What makes LakeTime Business Center stand out is the combination of what is already here and what a new owner could do with it. Established tenants, fully occupied storage, multiple sources of income, flexible commercial space, and additional potential for growth make this much more than a traditional commercial building. For an investor looking for an established operation or an entrepreneur wanting a property where their own business can coexist with existing rental income, this is an opportunity worth exploring. P&L available to qualified buyers. Seller is ready to work with a serious buyer and will consider reasonable offers.
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Property Features
- Age: 41-50 Years Old
- Cooling System: Central Air
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: 15-25-23 PT NE NE 1404-210 1423-147 CORRWD BEG 1386.07' W OF NE COR SEC; W 352.58', SE 14 DEG 310.86', SW 17 DEG 115.05'
- MLSID: 26-2189
- Roof Type: Metal
- Rooms: Basement
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