127 N Washington ST Ardmore, OK 73401
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Price per Sqft $29
Subdivision Ardmore Oaks Estates
MLS Listing ID 2621387
HOA Y/N No
Total Fin. Sqft 17000
Year Built 1910
Annual Tax Amount $403
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Hotel/Motel
Property Description
A rare opportunity to be part of the ongoing revitalization of Downtown Ardmore. Preliminary redevelopment concepts estimate approximately $1.5 -2.5 million in renovations and included 4 commercial storefronts on the ground level with boutique hotel/studio apartments on the second and third floors.
Features include a large second-floor patio with incredible downtown views that would make an incredible Cafe.
Eligible buyers may benefit from various Oklahoma historic preservation and redevelopment incentives, including potential tax credit programs. The City of Ardmore is offering facade, fire Supression, sidewalk grants and is located within walking distance of Caddo Street and other downtown attractions.
Whether you're an investor, developer, or visionary entrepreneur, this is a unique opportunity to restore a landmark property and make a lasting impact on the future of Downtown Ardmore.
Buyer to verify all incentive programs, tax credits, grants, redevelopment costs, and intended use.
Broker/Owner.
Location
State OK
County Carter
Interior
Interior Features Other
Heating None
Cooling None
Flooring Concrete
Fireplace No
Heat Source None
Exterior
Exterior Feature Other
Fence None
Utilities Available Unknown
Water Access Desc Public
Roof Type Other
Building
Entry Level Three Or More
Foundation Slab
Lot Size Range 0.32
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Concrete
Schools
School District Ardmore - Sch Dist (Ad2)
Others
Acceptable Financing Conventional
Green/Energy Cert Other
Listing Terms Conventional
NEARBY SCHOOL & BUSINESS
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