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$1
9,010 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 9,010 sqft
MLS Listing ID 11634054
Year Built 2004
Annual Tax Amount $7,806
Lot Size 0.694 Acres
Property Description
Premium Commercial Property - For Sale or Lease 1601 N Main Street (U.S. Highway 64), Guymon, Oklahoma 73942 Positioned on the highly visible N Main Street / U.S. Highway 64 corridor in Guymon, this versatile commercial building presents an outstanding opportunity for investors or owner-users seeking prominent exposure and flexible use potential. Exceptional Location & Traffic Exposure • Sited along the principal north-south business artery (U.S. Highway 64 / N Main Street), a primary regional route through Guymon serving the Oklahoma Panhandle and connecting to major highways across the state. • The area is widely recognized as high-traffic commercial frontage, routinely highlighted in local market narratives as a key retail and service node with significant daily vehicle volumes supporting strong visibility and customer access. (Official Oklahoma AADT figures for this specific segment can be obtained on request from the Oklahoma Department of Transportation's interactive AADT mapping tools.) Property Highlights • 9,010 ± SF of usable enclosed space on a 30,234 ± SF lot, with generous surface parking and strong frontage visibility. • Built in 2004 with durable frame construction, brick and steel siding, and a low-maintenance metal roof - engineered for long-term service. • Interior climate controlled with forced air heating and central air conditioning and served by municipal water and sewer for operational efficiency. Income & Investment Potential Previously income-producing until recently, this asset supported a documented 8.00% cap rate with $63,600 gross income and $55,794 net income, illustrating its income potential in stabilized occupancy. • Currently not producing income, the building now offers exceptional upside to reposition, lease, or operate under new ownership. • Attractive for investors or corporates seeking a long-term hold in a proven commercial node. Versatile Use / Market Demand Given its size, layout, and visibility, the property is well suited for a broad range of commercial uses, including: • Retail storefront / showroom • Professional or medical offices • Restaurant / hospitality concept • Service or specialty use space The flexible floor plan, strong traffic exposure, and prominent location make it a standout option for businesses or investment portfolios. Offered For: Sale - Secure a standalone commercial asset in a primary Panhandle commercial corridor. Lease - Ideal for expanding operations with immediate exposure.
Location
State OK
County 40139
Rooms
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Water Municipal
Structure Type Frame
Others
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