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OVER 28,500 SQ FEET!
In addition to the information provided below, more photos and details can be viewed at www.oldschoolbiz.com. Web Site included in Price.
Owner will carry note at 6% simple interest with $500,000 down!
New Roof with warranty!(cost $70,000.00 with 8 years warranty left).
All phase one environmental inspections have been performed. There are no environmental remediations that need to be done. The building is free of mold and asbestos. All three entrances to the building are wheelchair accessible. There is plenty of on-site private and city parking for customers and clients. There are approximately forty parking spots at the building itself, and many more across the street.
The City Just completed an $1.87 million project including new 4 lane road, sidewalks, massive landscaping and new old time street lights in the "Old Town District". The Old School is in the heart of the "Old Town District" Area; next door to the CITY HALL. Only 3 block east of Interstate I-35. Approximately 12 minutes to Will Rogers World Airport, Hospitals including Integris of Moore, and St. Anthony's, Mercy and Norman Regional. The Moore School Systems is one of top rated in the State of Oklahoma.
This property is currently leased for retail, Cafe', and offices. It is home to catering events, business meetings, receptions, and City meetings. There are several plaques on the property stating that it is a historical location and site. Washington Irving is also honored and a plaque and monument is found in the front court yard.
VERY ELEGANT RENOVATIONS DONE ON MAIN FLOOR AND PART OF SECOND FLOOR!
The first floor of the building has been completely renovated, and is occupied by tenants. The renovation includes marble floors, granite restrooms, beautiful woodwork, and much more. The electric has been updated, and is housed in commercial conduit on both floors of the building. Both the men's and women's restrooms are very elegant, with parlors that are separate from the bathrooms themselves. The women's restroom contains five brand new stalls, marble floors, and granite sink and counter top. The men's restroom contains two stalls and the floor is stained concrete and has a marble look. All toilets and plumbing are in excellent condition.
All of the woodwork, trim, and molding throughout the building is absolutely stunning! The building contains an auditorium that can be used for parties, wedding receptions, etc. The stage in the auditorium is the size of a full basketball court, and was used as such when the building was actually a school. The stage and auditorium floors appear to be maple hard woods. The second floor of the building still needs renovation. The current plan is to create offices. Also could also use it for retail, artists, social services, etc.
Tax credits of up to 20% of your improvement costs may be available for this building. Check with you C.P.A. or investment counselor for more information on this and to see if you qualify.
SELLING/LISTOR IS BROKER/OWNER OF THIS PROPERTY!
PROPERTY NUMBER: 35098-00001
PRICED AT:
$1,500,000.00
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