2916 SW 59th St | Oklahoma City, OK 73119
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2916 SW 59th St
Oklahoma City, OK 73119
Las Palmas · Retail Property For Sale
Executive Summary
With its highly desirable features, including pylon sign, ample parking, full bar, and outdoor seating, this restaurant on SW 59th St and S May Ave is the perfect investment. With close proximity to I-44 and I-240, it‘s a prime location to attract new customers and build a thriving business. This property offers a great opportunity to invest in a restaurant in one of Oklahoma City‘s most sought-after locations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,266 SF
Building Class
C
Year Built/Renovated
1969/2021
Price
$920,000
Price Per SF
$282
Cap Rate
7.80%
NOI
$71,760
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.41 AC
Zoning
Commercial
Parking
25 Spaces (7.65 Spaces per 1,000 SF Leased)
Frontage
50 FT on 59th St
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 140831205 | Improvements Assessment | $44,262 |
| Land Assessment | $18,058 | Total Assessment | $62,320 |
PROPERTY TAXES
Parcel Number
140831205
Land Assessment
$18,058
Improvements Assessment
$44,262
Total Assessment
$62,320
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