Paragon Realtors Real Estate

127 N Washington StreetArdmore, OK 73401Price: $500,000

  • Price: $500,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 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.
  • $500,000List Price
  • 0.32Acreage
  • 17,000Square Feet

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Listed by Kori J Thompson of I Sell Houses Real Estate Co
Historic Mulkey 3 story Hotel A rare opportunity to be part of the ongoing revitalization of Downtown Ardmore. Preliminary redevelopment concepts estimate approximately $1.5 -2.5 million in renovations and included 4 commercial storefronts on the ground level with boutique hotel/studio apartments on the second and third floors. Features include a large second-floor patio with incredible downtown views that would make an incredible Cafe. Eligible buyers may benefit from various Oklahoma historic preservation and redevelopment incentives, including potential tax credit programs. The City of Ardmore is offering facade, fire Supression, sidewalk grants and is located within walking distance of Caddo Street and other downtown attractions. Whether you're an investor, developer, or visionary entrepreneur, this is a unique opportunity to restore a landmark property and make a lasting impact on the future of Downtown Ardmore. Buyer to verify all incentive programs, tax credits, grants, redevelopment costs, and intended use. Broker/Owner.

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 "Based on information submitted to The Greater Tulsa Association of REALTORS as of June 17, 2026 4:41 PM UTC . 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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