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225 S. Knoblock Stillwater, OK - Pecks Lodge 225 S Knoblock St 13,900 SF 100% Leased Retail Building Stillwater, OK 74074 $3,618,999 CAD ($260.36 CAD/SF)
Investment Highlights
- Prime location
- New roof
- Original wood floor restoration
- Corner lot
- updated HVAC's
Executive Summary
This is a rare chance to acquire the iconic Peck’s Lodge building, a fully leased mixed-use property in the heart of Stillwater. Offering 13,900 square feet of usable space, the corner-lot property is anchored by seven established retail and office tenants, with leases in place projecting $198,144 in annual gross rents for 2026. With a location just steps from the Oklahoma State University campus, the building provides unmatched visibility and accessibility, ensuring long-term stability and tenant appeal. Over the past three years, more than $500,000 has been invested into capital improvements, preserving the building’s historic character while enhancing its functionality for modern use. A new TPO roof was installed in 2023, and upstairs renovations included the refinishing of 7,000 square feet of hardwood flooring along with an HVAC realignment to serve multiple tenants. A portion of the lower level was completely gutted and restored encompassing 3,500 square feet of newly rented space and two additional bathrooms. With its rich history, unbeatable location, and extensive recent upgrades, the Peck’s Lodge building is not only a stable income-producing asset but also an exciting opportunity to secure one of Stillwater’s most recognizable properties. It offers investors the perfect combination of character, performance, and long-term potential.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$268,881
|
$19.34
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$268,881
|
$19.34
|
| Taxes |
$21,760
|
$1.57
|
| Operating Expenses |
$70,166
|
$5.05
|
| Total Expenses |
$91,927
|
$6.61
|
| Net Operating Income |
$176,954
|
$12.73
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $268,881 |
| Annual Per SF | $19.34 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $268,881 |
| Annual Per SF | $19.34 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,760 |
| Annual Per SF | $1.57 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $70,166 |
| Annual Per SF | $5.05 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $91,927 |
| Annual Per SF | $6.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $176,954 |
| Annual Per SF | $12.73 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,900 SF
Building Class
B
Year Built/Renovated
1930/2024
Price
$3,618,999 CAD
Price Per SF
$260.36 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.58
Lot Size
0.20 AC
Zoning
Tran Sect 6 - Tran Sect 6
Amenities
- Corner Lot
- Wheelchair Accessible
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 600023292 | Total Assessment | $218,029 CAD |
| Land Assessment | $66,607 CAD | Annual Taxes | $21,760 CAD ($1.57 CAD/SF) |
| Improvements Assessment | $151,422 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
600023292
Land Assessment
$66,607 CAD
Improvements Assessment
$151,422 CAD
Total Assessment
$218,029 CAD
Annual Taxes
$21,760 CAD ($1.57 CAD/SF)
Tax Year
2025
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225 S. Knoblock Stillwater, OK - Pecks Lodge | 225 S Knoblock St
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