385 E Court Street

Description

A Piece of Atoka History 385 E. Court Street • Atoka, Oklahoma INCOME-PRODUCING INVESTMENT OPPORTUNITY 11,000 Sq. Ft. • Two Stories • Historic Downtown Location Tenant Occupied • NNN Lease Sales Price: $230,000 Located in historic downtown Atoka, 385 E. Court Street is an approximately 11,000-square-foot, two-story historic brick building offering current income and significant renovation and redevelopment potential. The property is currently occupied by Boggy Bottom Antiques under a NNN lease. The building requires substantial renovation but offers a large footprint, flexible space and distinctive historic character. Potential uses, subject to applicable zoning and approvals, could include professional offices, retail, event or entertainment venues, or other commercial uses. Historic features include hardwood floors, original or near-original wood trim, metal ceiling tiles and a historic loading dock with a lift, dumbwaiter or freight platform. Construction began in 1905, when Atoka was still part of Indian Territory, and the building was completed in 1906 for Atoka State Bank. The bank was formally organized that year under a charter dated August 16, 1906. The building served as the bank's home for more than two decades before the bank relocated in the late 1920s. The Old Atoka State Bank was placed on the National Register of Historic Places in 1980 for its architectural, commercial and community significance. The original structure featured ornamental brickwork, cut-stone detailing, eyebrow windows, a basement and an impressive. recessed entrance. Today, 385 E. Court Street offers an investor the opportunity to acquire a substantial historic downtown asset with an established NNN tenant for $230,000, while providing significant potential for renovation, redevelopment and future use.