Who would want to buy a building with a vault or how would they use it?
Our brokerage has a commercial building built like Ft. Knox with a full size vault. About 5,000sf. Can't get a car inside but low dock entrance through double doors to bring in large items. Bullet proof walls. Located in Oklahoma and we've already approached cannibis growers/distributors. Who else might want this building??
[{"id": "ioonafv", "text": "A boutique FFL/SOT (licensed gun buyer/seller/manufacturer) that carries a lot of inventory?", "replies": [], "depth": 1}, {"id": "ioonrf1", "text": "Serious jewelry/coin/precious metal wholesalers", "replies": [{"id": "ioqnzr6", "text": "Or online auction houses for such collectibles/art. In Oklahoma, potentially Native American jewelry/art/craft auction houses.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ioooyum", "text": "Would make a very cool brewery room", "replies": [{"id": "ioou7wk", "text": "I was going to suggest this, but would depend on your location/visibility. An old bank on Walnut st in Philadelphia was turned into a trendy restaurant. There was a separate reservation list for the vault room tables!", "replies": [{"id": "ioqfi3u", "text": "Further that'd be a last resort, you won't be able to get as much rent", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ioop6ao", "text": "Marijuana dispensery", "replies": [], "depth": 1}, {"id": "iooqdon", "text": "Mexican cartels or outlaw biker gangs?", "replies": [{"id": "iooscok", "text": "How does one deal with default with this sort of tenant?", "replies": [{"id": "ioosfxf", "text": "Tell their rivals how to access the vault.", "replies": [], "depth": 3}], "depth": 2}, {"id": "iopavph", "text": "Insist on an all cash deal, but don't ask where they got so many small bills. /s", "replies": [], "depth": 2}], "depth": 1}, {"id": "iooqkkc", "text": "Cannabis dispensary", "replies": [{"id": "ioowqsl", "text": "This^ NETA in Brookline MA is a dispensary located in a former bank. They use the vault for storage of product I believe.", "replies": [], "depth": 2}], "depth": 1}, {"id": "iooquae", "text": "How much? I\u2019m a commercial real estate investor message me.", "replies": [], "depth": 1}, {"id": "ioosonf", "text": "High end art galleries, jewelry/gem wholesalers, luxury antique stores, law enforcement (fed, state and municipal), film &amp; TV, controlled pharmaceutical distribution. \n\nIf it's heritage and has good circulation some clothing or lifestyle retailers might be interested. I saw an Urban Outfitters occupy an old bank building and they used the vault as change rooms. They kept the heavy iron door (locked open) and everything.\n\nUnfortunately I don't think Oklahoma is really a hotspot for any of the above. Good luck!", "replies": [], "depth": 1}, {"id": "iootc5b", "text": "Look into SCIF requirements.  Incredibly expensive to build, and therefor rare and valuable.  Target would be Government Contractors.  Most of the large brokerages have GSA-centric and Contractor-centric teams.  I'd start there.", "replies": [{"id": "iopanx9", "text": "I\u2019m OK there\u2019s plenty of defense contractors. Getting wire through a vault would be a lot of work.", "replies": [{"id": "iopasd4", "text": "That\u2019s kind of the point.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iooue2g", "text": "I found it online, here is the address: 8544 E 11th St, Tulsa, OK.\n\nTough location. Some sort gun shop/dealer makes the most sense.", "replies": [], "depth": 1}, {"id": "iop3rgo", "text": "Wine storage.  I can't believe that business exists, but it does.  People pay money to store their wine bottles in a safe place.", "replies": [{"id": "iopcm1u", "text": "There are warehouses that specialize in this. Wine collections can be very large.", "replies": [{"id": "iopdaa0", "text": "I wonder how the insurance works on that.  Do you make the owner of the bottles insure all of theirs?  Whoever is providing the space surely has to be insured also.  It's hard to imagine what those policies must cost.", "replies": [{"id": "iope06t", "text": "Well my last interaction with that world was a while back, but it was a secondary use in association with an existing wine distribution warehouse. Since the warehouse is climate controlled, individual collections are palletized labeled with lot numbers and put into a less commonly used section.  Client Access is by appointment. \n\nSo I assume it is covered by the universal policy? I never asked.", "replies": [{"id": "iopfb45", "text": "Interesting! The place I'm familiar with in my area is set up sort of like an indoor climate controlled  self storage except you get a custom size locker to accommodate the size of your collection.  There are security cameras and everything is bar coded somehow so every bottle that comes in or out of that facility is recorded.\n\nOnce you have a decent clientele built up it must print money.  Just the thought of it makes my back itchy.  I would not want the responsibility of holding that kind of stuff for the type of people who would own that kind of stuff.  I have mostly industrial properties lol!", "replies": [{"id": "ioq2qek", "text": "outside of the money that would generate just think of the connections you must make too?  Thats one property the owner probably doesn't mind putting face time at", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "iope7x1", "text": "Not a safe, a vault. \n\n;)", "replies": [], "depth": 2}], "depth": 1}, {"id": "iop58rg", "text": "I\u2019ve been to multiple bars/restaurants that were built in old banks with large vaults.", "replies": [], "depth": 1}, {"id": "iop62ww", "text": "DEA, gun shop, smoke shop, brewery/distillery, IT company. Lots of options", "replies": [], "depth": 1}, {"id": "iop6up2", "text": "I'd look for gun retailers or jewelry/PM folks.", "replies": [], "depth": 1}, {"id": "iop8nws", "text": "Pawn shop", "replies": [], "depth": 1}, {"id": "iopaq11", "text": "Dispensary or bank branch", "replies": [], "depth": 1}, {"id": "iopc9qk", "text": "Adult arcade, bank", "replies": [], "depth": 1}, {"id": "iopgba6", "text": "Brewery / bar. There\u2019s one in Yardley, PA aptly named \u201cVault Brewing Company.\u201d", "replies": [], "depth": 1}, {"id": "ioph0k7", "text": "I\u2019d bail on the listing. Tried to sell and lease a building with one the same size in Fremont CA. You can\u2019t even get a quote for a removal. No one wants it. It sounds good but in reality it\u2019s a huge waste of space.\n\nI saw a restaurant in Chicago turn it into a wine cellar and there are unique uses but your leasing/buyer pool is like 1% of what it should be. Gun shop or pawn shop can\u2019t pay the rent you would want.", "replies": [], "depth": 1}, {"id": "iopj5st", "text": "We bought a brownstone in Manhattan a few years ago that had a massive vault in the basement. Didn\u2019t need it since we were converting to a restaurant, I believe we found a company that was willing to pay for demo/removal in exchange for the vault components.", "replies": [], "depth": 1}, {"id": "ioq22e6", "text": "I had a client look at buying one exactly like that for an investment purchase one time.  The vault was built on a concrete shell and the rest around it.  I have no idea how the engineering worked on that or what weird ass construction issues could come up if the vault slab shifted.\n\nAnyways I racked my brain on this too, we negotiated, and neither me or my client figured it out but we thought it was cool.  The tenant at the time was a theater company who used it for storage and office staff.  It wasn't a good place to be a bank branch.  I still don't know what to do with it, but it was super cool and we were very motivated to find a way to make it something cool again and it was just blanks man.  If you sell this dm what the buyers use is if you don't mind, I still wonder about that weird ass building sometimes.", "replies": [], "depth": 1}, {"id": "ioq60yg", "text": "I own an old bank from the early 1900s and the restaurant made the vault room an \u201cexclusive section\u201d where you can book it for an evening and it\u2019s secluded with a vault door (slotted). It\u2019s a great draw for higher income individuals. Gold foiling in the walls and plush leather seating.", "replies": [], "depth": 1}, {"id": "ioq6vvg", "text": "Night club, bar, (weld the door open and disable the lock). \n\nAny company that needs secure storage; art, precious metals, cannibis, wine, armored car, documents, etc.\n\nI worked for a real estate office that was an old bank. The vault was welded open and used for the admins and doc prep. Everyone thought it was neat.\n\nThere is a night club that was an old bank. The vault is a secondary dance floor area and a second bar.", "replies": [], "depth": 1}, {"id": "ioq74u5", "text": "Pawn broker, auction house, art dealer, jeweler, fine hand crafted merchandise, vintage/rare motorcycles. Of these pawnbroker most likely to want it.", "replies": [], "depth": 1}, {"id": "ioqdid8", "text": "Had my wedding reception at this old school bank converted to a venue hall.  The vault was the getaway room for my wife and me.   http://thedorrance.com/", "replies": [], "depth": 1}, {"id": "ioqw1mr", "text": "Police Department\u2019s Property and Evidence Storage Facility", "replies": [{"id": "iow2y55", "text": "Funny you should say that. A lot of people here have suggested a brewery but there is a major police station just a few hundred feet up the street. You have to drive by it to get on the highway so this is not a good place for a drinking estabishment. But we are planning to go visit the cops.", "replies": [{"id": "ip3c2j8", "text": "If you visit them, ask for a captain or ranking officer. Obviously, the beat won\u2019t know how to address your proposed use. Try to bring a floor plan, ceiling height, sprinklered?, site plan, pictures, and asking rent, just in case it grabs their attention. I\u2019m sorry if my suggestions are obvious.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iorevny", "text": "Event space", "replies": [], "depth": 1}, {"id": "iot7bdx", "text": "A coffeehouse near me was once bank. The vault room is just another room to sit and drink coffee, read, play board games, and do coffee shop things. \nIt\u2019s nice.\n\nBeing that size, I\u2019ll say a night club would be perfect.", "replies": [], "depth": 1}, {"id": "iotdi89", "text": "I manage an office building with a old vault on the 2nd floor. Can\u2019t remove because it is part of the structure. Cut sections out for inside glass windows and made it part of an office with vault door as an \nentry way and still has the safety boxes in it. Advertising company leases it. It\u2019s a good \u2018conversation piece\u2019.", "replies": [], "depth": 1}]