About This Home

This 0-bedroom, 0-bathroom commercial at 1 E Main Street in Shawnee, OK is listed for $599,000 ($80 per sqft). Built in 1920, the home offers 7,470 sqft of living space on a 0.72 acres lot.

Key Features

  • Built in 1920
  • 0.72 acre lot

Property Details

1920
Listing Description

PRO PHOTOS ON THE WAY! Own a piece of historic downtown Shawnee with an income-producing commercial property that combines a thriving event venue with four leased, residential apartments. Located at 1 E. Main Street, this beautifully renovated three-story building offers historic character, modern updates, abundant natural light, oversized windows, and multiple income streams, all in one remarkable property.

Thoughtfully transformed from top to bottom, this impressive property offers a unique opportunity for investors seeking immediate rental income, commercial versatility, and long-term potential in the heart of downtown Shawnee. The ground-level event venue offers approx 2,000 sq ft and offers an inviting space events.

The venue features two half-bathrooms, a kitchenette with a sink and prep station and storage space. Above the venue, 4 individually leased apartments provide additional income. Each unit offers its own distinctive layout and spacious living quarters, enhanced by the building's oversized windows and natural light.

Apartment 1 $1,200/month: Approx 1,100 sq. ft. one bedroom, one bathroom and a multilevel, loft-style liv space. Apartment 2 $1,000/month: Approx 1,000 sq. ft., with 1 bed and 1 bath. Apartment 3 $900/month: Approx 900 sq. ft., 1 bed and 1 bath. Apartment 4 $1,600/month: Approx 1,600 sq.

ft., 2 bed w office and 1 bath. Extensive Renovations throughout the building include new flooring, fresh paint, trim, cabinetry, plumbing, HVAC, windows, knobs, pulls, and much more. A Rare Downtown Opportunity With a consistently rented event venue, 4 occupied residential apartments, extensive renovations already completed, this property offers a compelling combination of commercial and residential income potential.

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

1 E Main Street

Shawnee, OK 74801

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1 E Main Street is listed at $599,000 ($80/sqft). The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.72 acre lot.

This property is listed by Jenifer Stevenson and can be reached at 4053064137.

JS

Jenifer Stevenson

Agent at Berkshire Hathaway-Benchmark

(405) 306-4137
Agent website

Listed by Berkshire Hathaway-Benchmark · Broker phone: (405) 275-8182 · Broker website

MLS# 1253677· Source: MLSOK, Inc.· 5 days on PropertySimple

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1 E Main Street, Shawnee, OK 74801

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