221 W Jefferson Boulevard, Mangum

$150,000

0 Bed
0 Bath
0 Acre
0 Garage

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.

Essential Information
MLS® #936946
Price$150,000
Bathrooms0.00
Acres0.00
Year Built1929
TypeCommercial
Sub-TypeInvestment
StatusActive
Community Information
Address221 W Jefferson Boulevard
CityMangum
CountyGreer
StateOklahoma
Zip Code73554
Amenities
Parking Spaces40
ParkingAdditional, Concrete Drive
Interior
# of Stories6
Exterior
ExteriorBrick
Additional Information
Date ListedMarch 26th, 2021
ZoningCommercial
Listing Details
AgentJill Graumann
OfficeRe/Max Property Place
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