Paragon Realtors Real Estate

729 S 6th StreetMcalester, OK 74501Price: $299,000

  • Price: $299,000
  • 105 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $299,000List Price
  • 0.25Acreage
  • 2,914Square Feet

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Listed by Terra Geralds of Property Solutions Real Estate
Income-producing commercial opportunity featuring a well-maintained dual-suite building, each side offering separate entrances, individual HVAC units, restrooms, and electric meters - ideal for multi-tenant operation or owner-user occupancy with supplemental income. Both suites feature open front layouts with excellent natural light, polished concrete flooring, secondary rooms, and additional office or break areas, providing flexibility for office, retail, salon, or service-based businesses. The main building is in excellent condition inside and out and is move-in ready. Previously, one suite rented for $1,000/month, with both sides offering similar layouts - presenting strong upside potential, with projected market rents of approximately $2,000+/month combined, supporting an estimated 6-8% stabilized cap rate, with upside to 8%+ based on market rents. Property includes parking in both front and rear, plus an additional detached storage/auxiliary structure offering further value-add potential with improvement. Side lot conveys, providing flexibility for expansion, extra parking, or future development. Located in a visible area with steady traffic flow. Priced to allow for immediate income with long-term appreciation and operational upside. Excellent opportunity for investors seeking stabilized cash flow with value-add components or owner-users looking to offset occupancy costs. Pro forma cap rate based on projected rents. Buyer to verify income and expenses.

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 "Based on information submitted to The Greater Tulsa Association of REALTORS as of May 20, 2026 10:38 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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