About This Home
This 0-bedroom, 0-bathroom commercial at 333 W Main Street #Neustadt Plaza in Ardmore, OK is listed for $3,500,000 ($68 per sqft). Built in 1977, the home offers 51,108 sqft of living space on a 0.90 acres lot.
Key Features
- Built in 1977
- 0.90 acre lot
- 4 stories
Property Details
Amenities
Prime value-add investment opportunity in the heart of historic downtown Ardmore. This four-story commercial office building offers approximately 51,108 square feet with 40 office suites, elevator access to all floors, covered parking, additional surface parking, and approximately 80 total parking spaces.
Offered at $3,500,000, or approximately $68.48 per square foot, the property is currently approximately 75% occupied, creating additional upside through lease-up of vacant suites, tenant renewals, and rental-rate growth. Current rents are generally reported in the $12-$14/SF range.
Recent capital improvements include HVAC replacements, elevator repairs, plumbing updates, and fire pump servicing/inspection, helping reduce near-term deferred maintenance concerns. The property also features an on-site cafeteria and a highly visible downtown location convenient to restaurants, government offices, shopping, and area amenities.
Ideal for an investor seeking existing income with additional value-add potential through increased occupancy and continued lease optimization. Rent roll and additional financial information available to qualified buyers upon request.
Monthly Cost Estimate
$18,719/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
333 W Main Street #Neustadt Plaza
Ardmore, OK 73401
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 333 W Main Street is listed at $3,500,000 ($68/sqft). The estimated monthly payment is $18,719 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1977, 0.90 acre lot, 4 stories.
This property is listed by Rebecca Ingram and can be reached at 4058085934.