1221 N Grady St | Altus, OK 73521
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1221 N Grady St
Altus, OK 73521
Altus Restaurant w/ Tenant Income! · Retail Property For Sale
Investment Highlights
- Income Producing
Executive Summary
Building and land for sale. Currently an established Mexican Restaurant, Chavez Mexican restaurant operating in building generating rental income of $2,400 per month.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
2,948 SF
Year Built/Renovated
1960/2014
Price
$390,000
Price Per SF
$132
Cap Rate
6.53%
NOI
$25,450
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.47 AC
Zoning
C - Commercial - Restaurant
Parking
38 Spaces (12.89 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
PROPERTY TAXES
| Parcel Number | 0010-00-009-005-0-001-00 | Improvements Assessment | $10,790 |
| Land Assessment | $4,680 | Total Assessment | $15,470 |
PROPERTY TAXES
Parcel Number
0010-00-009-005-0-001-00
Land Assessment
$4,680
Improvements Assessment
$10,790
Total Assessment
$15,470
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