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200 E 14th St
Ada, OK 74820
Office Property For Sale
Investment Highlights
- Immediate income opportunity
- Excellent location in Ada in proximity to the fire department and Ada Arts and Heritage Building.
- Leaseable spaces available
Executive Summary
Investment Opportunity. Mixed use commercial property with immediate income. The downstairs office is currently vacant and could have potentential of $1,100/mo. Upstairs there are two - 1 bedroom apartments that are currently leased for $750/mo each. There is another 2 bed/1 bath apartment upstairs that needs to be finished out, possibly $15-20K of work left. Would lease for over $800/mo. The bottom east side needs to be finished out and the sellers have started the process with a new wall, windows and door and pontential rental income of $1,200+/mo. It is in a excellent location adjacent to the fire department and next to the Ada Arts and Heritage building. The empty lot to the East of the property comes with purchase. The electric panels and meter bases have been replaced upstairs and new plumbing in the basement. There is a new roof, hardwood floors have been refinished. new blinds, new heat and air and new cabinets & countertops.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,565 SF
Building Class
C
Year Built
1920
Price
$347,914 CAD
Price Per SF
$135.64 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,457 SF
Slab To Slab
10’
Building FAR
0.37
Lot Size
0.16 AC
Parking
12 Spaces (4.68 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 0005-00-110-009-0-001-00 | Improvements Assessment | $4,249 CAD |
| Land Assessment | $5,742 CAD | Total Assessment | $9,990 CAD |
Property Taxes
Parcel Number
0005-00-110-009-0-001-00
Land Assessment
$5,742 CAD
Improvements Assessment
$4,249 CAD
Total Assessment
$9,990 CAD
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