$150,000

221 W Jefferson Blvd

Mangum OK, 73554

Description

The Hotel Franklin was a landmark hotel in Southwest Oklahoma from 1929 to 1986. It was the go to place featuring marble floors and walls, a large kitchen and legendary bar. This historical building is 30,000 sq ft & would be a perfect venue for those with an entrepreneurial spirit looking to build out & lease space for a bistro, coffee shop, micro brewery, event center, restaurant, etc. The top 4 floors would be ideal for converting into spacious studio or loft apartments and/or suites. Additionally there is a lot of square footage available for office space. The broiler room would be a great place to convert to an indoor pool and exercise room. It is a strong, fire retardant building, one that was built properly with a reinforced concrete frame, floors and roof system. The structure has been examined by a team of licensed structural engineers that attest to its solid foundation. The Hotel Franklin has 5 stories measuring 51' x 112' & a basement measuring 51' x 63'. Sold AS IS.

Details

MLS#936946
Listing TypeFor Sale
Sub-TypeResale
StatusACT
Year1929
Days On Site24

Features

Story(s)6
ZoningCommercial

Market Activity 73554

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Area Information
StateOK
CountyGreer
CityMangum
Zip Code73554
School DistrictGreer
Listing VS Median (in 73554)
Price:
$150,000
low | high
Med:
$94,900
86.733333333333% of Average
On Site:
24
low | high
Med:
116
20.689655172414% of Average
Sourced by Back At You
Listing Updated: April 18, 2021 8:08:25 PM PDT
Jill Graumann LogoMLS Number: 936946
Listing Provided By:
Jill Graumann  of  Re Max Property Place
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Oklahoma City Metro Association of REALTORS.
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