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Investment Highlights

  • Includes established flooring and appliance business.
  • Plenty of storage upstairs.
  • Excellent location with plenty of street side parking.

Executive Summary

We have it priced to sell and we know it. Thriving family owned business that is being sold only because of Owner's health. Excellent location with plenty of display as well as storage space. This is a total business opportunity for the serious minded retailer. The owners own all of their inventory without debt as well as all of the property including equipment to operate and deliver merchandise. Everything is included in sales price. Store employs two full time employees and one contract laborer and one part time contract bookkeeper.

Attachments

Profit & Loss Statement for 2021
2022 Profit & Loss Statement
Inventory December 2022 Excel
December 31 2022 Business Statement

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Department Store
Building Size
16,392 SF
Building Class
C
Year Built/Renovated
1920/1980
Price
$968,283 CAD
Price Per SF
$59.07 CAD
Business Value
$969,668 CAD
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.95
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
COM - Commercial
Parking
10 Spaces (0.61 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

BancFirst
Homeland
Mazzio's Italian Eatery

Property Taxes

Property Taxes

Parcel Number
0101-00-023-001-0-001-00
Land Assessment
$4,800 CAD (2025)
Improvements Assessment
$27,949 CAD (2025)
Total Assessment
$32,748 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 31342102

  • Date on Market: 2024-03-27

  • Last Updated:

  • Address: 507 Broadway St, Okemah, OK 74859

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