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Us Highway 59 Commercial Property

404 Kentucky Ave Ok : Panama, OK 74951

Le Flore County, Oklahoma

0.19 Acre
$159,000 USD
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Property Description

2700 Square Feet Commercial Building

LOCATION This property is located on U.S. Highway 59 in the town of Panama. Panama has a population of about 1,200 with grade through high-schools, several stores and a branch bank. It is located on U.S. Highway No 59 about 10 miles North of Poteau. The larger city of Ft. Smith, Arkansas, is about 20 miles Northeast.

PROPERTY This prime retail property has a + 2700 square foot commercial building. A nice custom awning spans across the entire front of the building. It has been divided into 3 separate units. Each unit is facing the highway, each has its own entry and exit, heat/air, plumbing, and utilities. Details of each unit are described in detail below. Lot fronts for approximately 100 feet of U.S. Highway 59 in the town of Panama. There is 3-phase electric on the rd. The building next door is a high traffic convenience store with fuel, across the road is an insurance agency.

Unit 1 South end of building. Upon entry is a tile entry is a very large room that measures 28' 7 x 17'6'. The room has green commercial carpet, it has wall to wall shelving, and also a shelf that it is underneath the entire front window area. There is a 12' x 8' L shaped front desk that would be a perfect area for a receptionist or a cashier. Behind this room is a 10' x 12' office/break area. The next room measures 9'7 x 10'5, it has a tile floor and has the exit door. Bathroom with vanity mirror sink and toilet.

Unit 2 Middle of building. White tile entry leads to wood look laminate flooring, this room measures 29' x 15'. Room two measures 12'8 x 15'5. It has a white tile floor. There is kitchenette area with sink and microwave. There are two very large walk-in closets with shelves, they each measure 8'5 x 5'7. The bathroom has toilet, sink, medicine cabinets, and mirror.

Unit 3 North end of building. This has a more open concept. It measures 28'9 x 27'5. This room has a ceiling fan and has wood look laminate flooring then white tile in the bathroom.

This is an opportunity to obtain an investment property with multiple sources of possible income. Rent all three units out separately or as one single large unit. There are virtually endless possibilities for a variety of retailers with the options this building already has in place. Ready for retail or office spaces. This would be a great location for most any business where location really matters. Possibilities may include renting to a pharmacy, dispensary, liquor store, or true professional offices. When you price the cost to build or price commercial property about 5 miles away this deal looks really attractive. Call us today.

SERVICES City water, city sewer, natural gas, internet, and trash pickup.

Price $159,000

More Property Details

Has Residence / Home
Has Commercial Building
COMMERCIALFLIP ID
275458
MLS / Internal / Other ID
35018-85290
Posted on COMMERCIALFLIP
183 Days Ago
Last Updated
151 Days Ago
Views
7
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.