Prime Commercial Opportunity In Downtown Altus

Prime Commercial Opportunity in the Heart of Downtown Altus Located on the historic downtown square in Altus, this incredible three-story building offers endless possibilities for income, development, and revitalization. Positioned directly across from the nearly completed Jackson County Courthouse, this property boasts unmatched visibility, foot traffic, and investment potential. Main Level – Income Producing Space The first floor is currently income-producing and features: 23 individual rooms ideal for offices, retail, or service-based businesses 4 restrooms With its established use and layout, this level provides immediate revenue while leaving room for future modernization or tenant customization. Second Floor – Untapped Potential The second story includes two unused rooms at the front of the building and a larger section at the rear with multiple rooms. This level provides flexibility for additional office space, studios, or conversion to residential units. Story is there is even more rooms that can be opened up that have been covered with sheetrock over the years. A staircase leads from this floor to the true treasure of the property. Third Floor – Historic Gem Ready to Be Revived The third floor has remained untouched for years, yet the craftsmanship of the original woodwork remains in surprisingly good condition. This stunning space is brimming with potential—picture luxury loft apartments, Airbnb suites, artist studios, or boutique rentals. Even better, the third level features its own exterior entrance from the ground floor, offering privacy and accessibility for future tenants or guests. Location Highlights: Situated on the Altus downtown square Directly across from the soon-to-be-completed Jackson County Courthouse High visibility, steady traffic, and proximity to shops, restaurants, and businesses 4, 5-ton A/C units have recently been installed.