106 S Main St

Description

Historic Downtown Commercial Opportunity with Income Potential Discover the possibilities with this unique commercial property located in the heart of downtown Waukomis, just minutes north of Enid. Surrounded by established local businesses, this approximately 7,000-square-foot brick building offers exceptional flexibility for investors, entrepreneurs, or business owners looking to establish or expand their presence in a charming small-town community. The property features a spacious, open layout that can easily accommodate a variety of commercial uses, including retail, office space, event venue, boutique, restaurant, fitness studio, community center, or mixed-use concepts. The building has also become a popular gathering place for weddings, baby showers, graduation parties, reunions, and other special events, demonstrating its versatility and income-producing potential. Adding immediate value is a long-term tenant occupying the rear portion of the building, currently generating $1,300 per month in rental income. The tenant has been in place since before the current owner purchased the property in 2019, providing consistent cash flow from day one. Since purchasing the property, the current owner has invested approximately $70,000 in improvements, including: Three fully remodeled restrooms Updated electrical service and lighting in the renovated event space New 25’ x 50’ concrete entertaining area Masonry and exterior brick repairs Demolition and interior improvements New rear alley access door An unfinished basement provides additional storage or utility space and offers room for future improvements. Whether you’re searching for an investment property with existing rental income, a venue business, or a highly adaptable commercial building to bring your vision to life, this downtown Waukomis property offers endless possibilities in a growing small-town market. Schedule your private showing today to explore everything this unique commercial property has to offer.