$80,100
$100,000
19.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/24/2023
Key Details
Sold Price $80,100
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 936946
Sold Date 04/24/23
Year Built 1929
Property Description
The Hotel Franklin was a landmark hotel in Southwest Oklahoma from 1929 to 1986. It was the go to place featuring marble floors and walls, a large kitchen and legendary bar. This historical building is 30,000 sq ft & would be a perfect venue for those with an entrepreneurial spirit looking to build out & lease space for a bistro, coffee shop, micro brewery, event center, restaurant, etc. The top 4 floors would be ideal for converting into spacious studio or loft apartments and/or suites. Additionally there is a lot of square footage available for office space. The broiler room would be a great place to convert to an indoor pool and exercise room. It is a strong, fire retardant building, one that was built properly with a reinforced concrete frame, floors and roof system. The structure has been examined by a team of licensed structural engineers that attest to its solid foundation. The Hotel Franklin has 5 stories measuring 51' x 112' & a basement measuring 51' x 63'. Sold AS IS.
Location
State OK
County Greer
Zoning Commercial
Exterior
Private Pool Yes
Building
Story 6.0000
Sewer Public
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Jill Graumann • Re/Max Property Place
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "