701 Main Stillwater OK 74074
$ 3,600,000.00

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Quick Info

Date added: 03/22/24 MLS #: 129393 Post Updated: 2024-04-13 00:00:28 Type:
Status: Area: Southwest DOM: 21 County: Payne
Zoning: Commerical Business Stw Sale/Rent: For Sale Buildings # of: 2 Business/Real Estate: Real Estate & Building
Units # of: 4

Description

Unique opportunity to own a restored piece of historic Stillwater. The corner of 7th and Main has been the epicenter of downtown for over 100 years and after a full restoration in 2011, this building is ready for the next 100 years. This 23,000 square foot gem is fully occupied and generating $26,000/month gross rents with leases remaining in place for the next few years. With a partial basement and elevator serving the first and second floor office space, this building has an abundance of possibilities for future opportunities. Truly a once-in-a-generation chance to own one of the most stately and historic buildings in Downtown Stillwater. First built as Stillwater Dry Goods and owned by the Selph Brothers, then for the longest tenancy, Katz Dept. Store. In 2011, the building was completely renovated top to bottom, interior and exterior, and has since been meticulously maintained and occupied by long-term tenants. Great investment in the heart of the downtown renaissance that looks to only appreciate as the under construction Block 34, and newly added Hatch, Empire Slice House, and EM, and others continue to bring interest and traffic to the area. Don’t let this legacy acquisition pass you by!

View on map / Neighborhood

  • Directions: From 6th and Main: turn South on Main, building sits on Southeast corner of 7th and Main

Property Features

  • Parking Type: Ground Level
  • Parking Quantity: 6-10
  • Parking Surface: Asphalt
  • Levels: 3
  • EXTERIOR: Brick Veneer,Stucco
  • Roof: Other (See Remarks)
  • STREET SURFACE: Paved
  • ELECTRIC: City
  • GAS: Natural
  • WATER: City
  • SEWER: City
  • HEATING: Forced Air,Heat Pump
  • HEATING FUEL: Electric,Natural Gas
  • COOLING: Central
  • INT/EXT FEATURES: Security System,Elevator,Building Sprinkler System
  • FENCE: None
  • BASEMENT: Partial

Fees & Taxes

  • Taxes$: $ 20,603.00
  • Tax Year: 2023

Miscellaneous

  • Flood Insurance: $ 0.00
  • School: Will Rogers Elementary
  • Subdivision: Orig Town Still
  • Office Name: Look Properties, LLC

This style property is located in is currently and has been listed on ARC Realty OK. This property is listed at $ 3,600,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

Learn more about this property

Agent Photo

Cheryl Martin

Broker/Owner & Listing Specialist