121 W Broadway St

Investment Highlights

High Ceilings & Balcony in the Restaurant. Building has a shower stall & 8 bathrooms. Live/work? Basement bar is attractive with thick stone walls.

Executive Summary

This is the J. A. Patterson Mercantile Building, & later the Fink Builders renovated the basement. Court House says build in 1920Okemah is the County Seat of Okfuskee County, Oklahoma. Off of i-40 Highway. Between Tulsa and Oklahoma City. About an 1 hour away from both.2 Floors and a basement bar. Building has 4 separate spaces 4 rentable spaces:1)( Store Front/Office)- is on the ground floor- 2 bath rooms & shower stall, enclosed balcony. Could be used as a live/work space.2) Restaurant -Is on the ground floor-Has 4 bathrooms and a Balcony. 3) Basement Bar-5000+ SF -Has 2 bathrooms a stage comes with chairs and tables, storage room, New HVAC Unit4) 3rd Floor- 5000 + Square Foot, has lots of storage. Needs extensive repairs and updates.*For Sale AS- IS.-Building is Next door Okemah News Leader-Newspaper and a Pond Shop.Walking distance to all: the court house, grocery store, banks, bar, gym & Movie Theater.

• Sale Type    Investment or Owner User
• Sale Condition    Deferred Maintenance
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Storefront Retail/Office Restaurant
• Building Size    16,000
• Building Class    C
• Year Built/Renovated    1920/2020
• Price    160,000
• Price Per SF    10
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    2.83
• Land Acres    0.13 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Corner Lot
• Restaurant
• Storage Space
• Balcony