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About This Home

This 0-bedroom, 0-bathroom commercial at 729 S 6th Street in McAlester, OK is listed for $299,000 ($103 per sqft). Built in 1925, the home offers 2,914 sqft of living space on a 0.25 acres lot.

Agent Description

Income-producing commercial opportunity featuring a well-maintained dual-suite building, each side offering separate entrances, individual HVAC units, restrooms, and electric meters - ideal for multi-tenant operation or owner-user occupancy with supplemental income.

Both suites feature open front layouts with excellent natural light, polished concrete flooring, secondary rooms, and additional office or break areas, providing flexibility for office, retail, salon, or service-based businesses. The main building is in excellent condition inside and out and is move-in ready.

Previously, one suite rented for $1,000/month, with both sides offering similar layouts - presenting strong upside potential, with projected market rents of approximately $2,000+/month combined, supporting an estimated 6-8% stabilized cap rate, with upside to 8%+ based on market rents.

Property includes parking in both front and rear, plus an additional detached storage/auxiliary structure offering further value-add potential with improvement. Side lot conveys, providing flexibility for expansion, extra parking, or future development.

Located in a visible area with steady traffic flow. Priced to allow for immediate income with long-term appreciation and operational upside. Excellent opportunity for investors seeking stabilized cash flow with value-add components or owner-users looking to offset occupancy costs. Pro forma cap rate based on projected rents. Buyer to verify income and expenses.

Key Features

  • Built in 1925
  • 0.25 acre lot

Property Details

1 story
1925

Amenities

A/C

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

729 S 6th Street

McAlester, OK 74501

Features & Amenities

Interior Features

Display WindowHigh Speed InternetPublic RestroomsSmoke Detector

Exterior Features

LightingStorage

Property Details

Flooring

Concrete

Construction

Steel

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 729 S 6th Street is listed at $299,000 ($103/sqft). The estimated monthly payment is $1,296 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.25 acre lot. Interior Features: Display Window, High Speed Internet, Public Restrooms. Exterior Features: Lighting, Storage.

This property is listed by Terra Geralds and can be reached at (918) 457-6601 or terra.geralds@yahoo.com.

TG

Terra Geralds

Agent at Property Solutions Real Estate

(918) 457-6601

Listed by Property Solutions Real Estate

MLS# 2604322· Source: listhub· Updated 116 days ago

Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

729 S 6th Street, McAlester, OK 74501

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