5916 E Tecumseh St 1 625 pi² Commerce de détail Immeuble Tulsa, OK 74115 172 794 $ CAD (106,33 $ CAD/pi²)

Value-Add Commercial Opportunity in Growing Dawson Area – Priced for Renovation
Former industrial-use property with strong upside potential, ideal for investors or owner-users seeking a redevelopment project.
1,625 SF commercial building with flexible potential uses.
Value-add opportunity – priced to reflect condition and renovation needs.
Former heat-treating use – buyer to verify all potential uses and requirements.
Located in the Dawson area, where ongoing residential renovation and reinvestment are contributing to increased surrounding property values.
Investor-friendly project with potential for monthly rent after improvements (buyer to verify).
Sold as-is – cleanout and repairs required.
Limited seller knowledge – excellent opportunity for experienced investors to add value.
Investment Snapshot (Pro Forma):
Projected rent of approximately $2,000/month ($24,000 annually), with estimated after-repair value in the $170K–$200K range depending on improvements and market conditions. Renovation costs estimated around $100K. Potential stabilized cap rate in the 12%–14% range (buyer to verify all figures).
Property was previously utilized for a heat-treating business. Seller has limited knowledge of past operations and makes no representations regarding condition or prior use. Buyer to perform all due diligence, including inspections and verification of intended use.
Property is competitively priced in consideration of its current condition, renovation needs, and income potential after improvements. This presents an opportunity for investors to add value and capitalize on both rental income and area growth.
One of the sellers is a licensed real estate agent in the state of Oklahoma. Property is being sold FSBO by a Trust.