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1221 N Grady St
Altus, OK 73521

Altus Restaurant w/ Tenant Income! · Retail Property For Sale

Investment Highlights

  • Income Producing

Executive Summary

Building and land for sale. Currently an established Mexican Restaurant, Chavez Mexican restaurant operating in building generating rental income of $2,400 per month.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,948 SF
Year Built/Renovated
1960/2014
Price
$554,631 CAD
Price Per SF
$188 CAD
Cap Rate
6.53%
NOI
$36,193 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.47 AC
Zoning
C - Commercial - Restaurant
Parking
38 Spaces (12.89 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0010-00-009-005-0-001-00
Land Assessment
$6,656 CAD
Improvements Assessment
$15,345 CAD
Total Assessment
$22,000 CAD
  • Listing ID: 26574699

  • Date on Market: 2022-09-07

  • Last Updated:

  • Address: 1221 N Grady St, Altus, OK 73521

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