407 W Will Rogers Boulevard
Retail | 3,760 SqFt
Marketing description
Located in the heart of Claremore's historic Lilac District, this renovated mixed-use building offers a rare opportunity to own an income-producing property in one of downtown's most desirable locations. The ground floor features approximately 2,400 square feet of retail space with a large storefront display window and excellent visibility along Will Rogers Boulevard. The retail space was previously leased fr $2800 per month, providing an opportunity for steady income. The second floor, with its own private entrance from the street, has been converted into a successful Airbnb short-term rental, offering additional income potential and flexibility for investors or owner-operators. The building combines historic charm with updated additional income potential and flexibility for investors or owner-operators. The building combines historic charm with updated functionality, making it ideal for retail, office, restaurant, or mixed-use investment. Situated perfectly in the heart of the growing downtown Claremore, this property is surrounded by shops, restaurants, and local attractions, creating a prime location for a long-term investment with multiple income streams ready to take advantavge of. Opportunities like this in the Lilac District are rare - especially with potential income from multiple sources wiht both commercial and residential use.
Investment highlights
- Prime Location – Situated in Claremore's historic Lilac District on Will Rogers Boulevard, one of downtown's most sought-after addresses surrounded by shops, restaurants, and local attractions
- Dual Income Streams – Property generates revenue from both a ground-floor commercial tenant and an upper-floor short-term rental, reducing single-tenant risk
- Proven Retail Income – ~2,400 SF of ground-floor retail space previously leased at $2,800/month, with a large storefront display window and high street visibility
- Active Airbnb Operation – Second floor has been converted into a successful short-term rental with its own private street entrance, already performing as an income-producing asset
- Flexible Use Case – Suitable for retail, office, restaurant, or mixed-use configurations, broadening the pool of potential tenants and buyers
- Renovated & Move-In Ready – Historic charm paired with modern updates means minimal capital expenditure required at acquisition
- Growing Downtown Market – Benefits from Claremore's expanding downtown corridor and increased foot traffic from neighboring businesses and attractions
- Rare Inventory – Mixed-use, multi-income properties in the Lilac District rarely come to market, creating strong scarcity value for long-term investors
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