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$ 100,000
Est. payment /mo
Active
100 E Foreman Road El Reno, OK 73036
13,610 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 13,610 sqft
Price per Sqft $7
MLS Listing ID 1152977
Year Built 1930
Property Sub-Type Special Purpose
Property Description
ZONED R-2. After doing some research this property could be used as multifamily or take down and rebuilt.
Discover an exceptional investment opportunity in El Reno, Oklahoma! This historic property, originally built in 1930, spans an entire city block with a generous 2.5-acre lot, offering vast potential for renovation and redevelopment. Located in a prime area, the property is surrounded by streets on all sides, providing ample access and visibility.
Historically, the site holds significant importance, as it was the location of the Kiowa-Comanche land lottery drawing in 1901. This event marked a pivotal moment in Oklahoma's history and adds a unique historical layer to the property.
While the building requires significant repairs and has been condemned, it presents an incredible opportunity for investors with vision. Currently priced well below market value, the listing reflects the value of the land itself, making it an attractive proposition for those looking to revitalize this piece of history. The property is ideal for a variety of uses, whether you envision it as a residential development, a community center, office space, or even mixed-use properties that cater to the growing needs of the area.
Situated in a developing area of El Reno, the location offers great investment potential, with nearby amenities, easy access to major roads, and the continued growth of the surrounding neighborhood.
Prospective buyers should conduct thorough due diligence before entering, as the property is being sold as-is. This is a rare opportunity to take part in transforming a historic site while contributing to the future development of El Reno. Seller Reserves Mineral Rights. Schedule a viewing today to explore the endless possibilities this property holds!
Discover an exceptional investment opportunity in El Reno, Oklahoma! This historic property, originally built in 1930, spans an entire city block with a generous 2.5-acre lot, offering vast potential for renovation and redevelopment. Located in a prime area, the property is surrounded by streets on all sides, providing ample access and visibility.
Historically, the site holds significant importance, as it was the location of the Kiowa-Comanche land lottery drawing in 1901. This event marked a pivotal moment in Oklahoma's history and adds a unique historical layer to the property.
While the building requires significant repairs and has been condemned, it presents an incredible opportunity for investors with vision. Currently priced well below market value, the listing reflects the value of the land itself, making it an attractive proposition for those looking to revitalize this piece of history. The property is ideal for a variety of uses, whether you envision it as a residential development, a community center, office space, or even mixed-use properties that cater to the growing needs of the area.
Situated in a developing area of El Reno, the location offers great investment potential, with nearby amenities, easy access to major roads, and the continued growth of the surrounding neighborhood.
Prospective buyers should conduct thorough due diligence before entering, as the property is being sold as-is. This is a rare opportunity to take part in transforming a historic site while contributing to the future development of El Reno. Seller Reserves Mineral Rights. Schedule a viewing today to explore the endless possibilities this property holds!
Location
State OK
County Canadian
Zoning Commercial
Exterior
Private Pool Yes
Others
Acceptable Financing As is Condition, Cash Only, Special Financing
Listing Terms As is Condition, Cash Only, Special Financing
Virtual Tour https://www.propertypanorama.com/instaview/okc/1152977
Listed by Ysbely Kessler • XITY Realty LLC
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