111 E Elm Street

Enid, OK 73701

About this property

Buy a building, gain a vibrant business -- or two -- or more! This unique, sprawling warehouse in downtown Enid currently is home to a popular event center, a thrift store and THE "foodie" hot spot in town with its on-site food truck that conveys with the property. There's Day 1 revenue with this property - and a virtually unlimited opportunity for other uses as well with its vast warehouse space, loading docks, multiple overhead doors, frontage on two downtown streets and ADA-compliant access. Part of the property in the past was leased for cannabis production and therefore has a recently expanded 400-amp service, water well with RO system, dark room, climate-controlled segmented spaces, on-site living quarters and a safe room. Currently, there's steady recurring income of $1,250/month for limited weekday use of the event space, plus approx. $550/day for weekend special events. The new thrift store is a growing revenue stream as well. But the real cash cow has been the food truck as a popular lunch spot for downtown workers and visitors to the next-door Leonardo's Children's Museum. This is an ideal setting for an entrepreneurial investor who wants multiple income streams on one prime location! This property is one of many in the downtown that exudes hometown pride for Enid and its diverse economy as the home of Vance Air Force Base. (FYI: The property includes 111 and 113 E. Elm with the sq footage and acreage reflecting the combined parcels. Owner is open to owner-financing with the right offer.)

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$825,000 Active
19,520 SQFT

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Listed By Elizabeth Groh
Brokerage: Real Estate Matters LLC

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