607 S Lake Murray Drive
Only 60% Leased, great upside potential!
Marketing description
Positioned directly across from the infamous Hardy Murphy Coliseum, this commercial complex presents an exceptional opportunity for investors and owner-users alike. Built in 2020, the property consists of two steel frame buildings totaling 11,840 sq ft(per County Records) and sits in a highly visible location that benefits from steady traffic generated by year round events, fairs, equestrian competitions, and other regional attractions. Currently operating as a multi-tenant commercial investment, the property generates $4,350 per month in gross income while only 60% occupied, offering immediate upside potential through leasing or owner occupancy. The flexible design allows for multiple tenants or could easily be reconfigured to accommodate a single larger business operation. Each suite features a climate controlled office, private restroom, storage area, and an expansive warehouse space suitable for inventory storage, equipment, service operations, or additional office buildout. A large concrete parking area between the buildings provides ample room for employee parking, customer access, delivery vehicles, and equipment storage. Priced at approximately $57 per square foot, this property offers outstanding value in one of Ardmore's most strategic commercial corridors. Conveniently located near Downtown Ardmore, the Ardmore Municipal Airport, Lake Murray, the I-35 corridor, and Lakecrest Casino & Hotel, the site provides excellent accessibility for customers, employees, and transportation needs. Whether you're seeking an income-producing investment with room for growth or a versatile facility for your expanding business, this property offers the flexibility, visibility, and value to meet a wide range of commercial needs.
Investment highlights
Positioned directly across from the infamous Hardy Murphy Coliseum, this commercial complex presents an exceptional opportunity for investors and owner-users alike. Built in 2020, the property consists of two steel frame buildings totaling 11,840 sq ft(per County Records) and sits in a highly visible location that benefits from steady traffic generated by year round events, fairs, equestrian competitions, and other regional attractions. Currently operating as a multi-tenant commercial investment, the property generates $4,350 per month in gross income while only 60% occupied, offering immediate upside potential through leasing or owner occupancy. The flexible design allows for multiple tenants or could easily be reconfigured to accommodate a single larger business operation. Each suite features a climate controlled office, private restroom, storage area, and an expansive warehouse space suitable for inventory storage, equipment, service operations, or additional office buildout. A large concrete parking area between the buildings provides ample room for employee parking, customer access, delivery vehicles, and equipment storage. Priced at approximately $57 per square foot, this property offers outstanding value in one of Ardmore's most strategic commercial corridors. Conveniently located near Downtown Ardmore, the Ardmore Municipal Airport, Lake Murray, the I-35 corridor, and Lakecrest Casino & Hotel, the site provides excellent accessibility for customers, employees, and transportation needs. Whether you're seeking an income-producing investment with room for growth or a versatile facility for your expanding business, this property offers the flexibility, visibility, and value to meet a wide range of commercial needs.
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