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Quinton Cassidy
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418 W Wade Street, El Reno, OK 73036

$849,900
  • 418 W Wade Street, El Reno, OK 73036 Main Photo
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Active
SQUARE FEET9,100 MLS#1185756
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Prime Multi-Use Investment Opportunity in the Heart of El Reno 8.5 Cap Rate 8.4 Cash On Cash Return This well-maintained property offers a strong blend of commercial and residential income in a desirable downtown location along the historic Route 66 corridor. The ground floor features two spacious commercial units ideal for an owner-operator or long-term tenant. One of which is occupied by a long term tenant.The upper level is comprised of multiple residential units, each with a proven rental history and strong occupancy demand. Units are updated and current, ensuring comfortable living spaces that appeal to long-term tenants.The property benefits from stable existing leases while still offering room for income growth through leasing the remaining vacancy at market rates. Well-managed operating expenses support strong net income, making this an attractive option for both seasoned investors and those looking to expand their portfolio.Located in a high-visibility area with easy access to shopping, dining, and local amenities, the building is positioned to benefit from El Reno's steady growth and revitalization efforts. Ample street parking, a mix of commercial and residential tenancy, and proximity to key community attractions add to its appeal.Whether you're seeking a reliable income stream, a property with value-add potential, or a prime location for your own business, this property delivers on all fronts.

418 W Wade Street | MLS# 1185756

This commercial property located at 418 W Wade Street, El Reno, OK 73036 is currently listed for sale with an asking price of $849,900. Search El Reno real estate on qcassidy.ccoklahoma.com today.

Property Features

Property Type: Commercial - Retail
Stories: 2.0
Taxes: $661
Year Built: 1930

Feature Descriptions

Exterior: Brick & Frame
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Black Label Realty
Agent Name: Phillip Church
Agency Phone: 405-849-5209

agent picture

Shown By

Agent Name: Quinton Cassidy
Agent Phone: (918) 995-5039
Agency Title: Chinowth & Cohen

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