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Listed by Daniel Kepford • KirkAngel, Inc.
$1,100,000
Est. payment /mo
8,091 SqFt
Active
6300 E Reno AVE Oklahoma City, OK 73110
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,091 sqft
Price per Sqft $135
MLS Listing ID OKC1243015
Construction Status Metal Siding
Year Built 1973
Annual Tax Amount $8,173
Lot Size 0.478 Acres
Acres 0.48
Property Sub-Type Investment
Property Description
Turnkey Mixed-Use Investment Opportunity | Established Laundromat, Convenience Store & Smoke Shop
Exceptional opportunity to acquire a well-established mixed-use commercial property at 6300 E Reno Ave in Midwest City. Situated on a 20,825± SF lot with an 8,091± SF building and 23 parking spaces, this income-producing property features a successful laundromat, convenience store, and smoke shop in a high-demand location surrounded by established neighborhoods and fully occupied apartment communities.
The laundromat is equipped with 40 Dexter washers and 20 dryers and currently generates approximately $15,000/month in gross revenue. The building has seen numerous capital improvements, including a new roof (2024), new fire suppression system (2024), new HVAC, and full spray foam insulation throughout the building (2024) for improved energy efficiency. Additional features include an updated electrical system, accessible lint filtration and drainage systems, hot water heater and boiler, separate interior and exterior electrical breakers, exterior ventilation, and a reinforced metal safe room.
The convenience store and smoke shop produce approximately $21,000/month in gross revenue, benefiting from excellent visibility, a large illuminated roadside sign, and a loyal neighborhood customer base. The property also includes approximately 20-foot ceilings in the garage/service area with three overhead doors, providing flexibility for storage, service operations, or future business expansion. There is additional space that could accommodate dry-cleaning services or complementary retail uses.
With over $36,000 per month in combined gross business revenue, significant recent upgrades, and strong local demographics, this property presents an outstanding opportunity for an owner-operator or investor seeking a turnkey business with multiple income streams.
Exceptional opportunity to acquire a well-established mixed-use commercial property at 6300 E Reno Ave in Midwest City. Situated on a 20,825± SF lot with an 8,091± SF building and 23 parking spaces, this income-producing property features a successful laundromat, convenience store, and smoke shop in a high-demand location surrounded by established neighborhoods and fully occupied apartment communities.
The laundromat is equipped with 40 Dexter washers and 20 dryers and currently generates approximately $15,000/month in gross revenue. The building has seen numerous capital improvements, including a new roof (2024), new fire suppression system (2024), new HVAC, and full spray foam insulation throughout the building (2024) for improved energy efficiency. Additional features include an updated electrical system, accessible lint filtration and drainage systems, hot water heater and boiler, separate interior and exterior electrical breakers, exterior ventilation, and a reinforced metal safe room.
The convenience store and smoke shop produce approximately $21,000/month in gross revenue, benefiting from excellent visibility, a large illuminated roadside sign, and a loyal neighborhood customer base. The property also includes approximately 20-foot ceilings in the garage/service area with three overhead doors, providing flexibility for storage, service operations, or future business expansion. There is additional space that could accommodate dry-cleaning services or complementary retail uses.
With over $36,000 per month in combined gross business revenue, significant recent upgrades, and strong local demographics, this property presents an outstanding opportunity for an owner-operator or investor seeking a turnkey business with multiple income streams.
Location
State OK
County Oklahoma
Zoning Commercial
Interior
Heating Natural Gas
Cooling Gas
Fireplace N
Exterior
Parking Features Additional Parking, Asphalt, Concrete, Other
Garage Description Additional Parking, Asphalt, Concrete, Other
Building
Sewer Public Sewer
Water Public
Structure Type Metal Siding
Construction Status Metal Siding
Others
Acceptable Financing Cash, Conventional, Special Funding
Listing Terms Cash, Conventional, Special Funding
NEARBY SCHOOL & BUSINESS
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