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Listed by Chrystal Raprich • 828 Real Estate LLC
$ 1,250,000
Est. payment | /mo
5,031 SqFt
$ 1,250,000
Est. payment | /mo
5,031 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,031 sqft
Price per Sqft $248
MLS Listing ID OKC1214683
Year Built 2004
Annual Tax Amount $15,417
Lot Size 0.390 Acres
Property Sub-Type Office
Property Description
Well-located two-suite commercial office building offering a strong combination of stable income and future flexibility. Office suite 901 is currently occupied with a lease in place with annual rent escalations through April 2029, providing reliable long-term cash flow. Office suite 909 is vacant and ready for immediate occupancy, creating an excellent opportunity for an owner-user or for leasing to an additional tenant to increase returns. Lease rate for office suite 909 is $19/SF.
The property features a functional office layout suitable for a variety of professional uses, with convenient on-site parking and easy access for clients and staff. Located in an established Norman business area off 24th Ave SW with close proximity to major roadways, retail, and services, this property offers both visibility and accessibility.
Ideal for investors seeking partial occupancy income or owner-operators looking to offset expenses with an in-place tenant, this property is both aesthetically pleasing as well as appealing to a variety of business types.
The property features a functional office layout suitable for a variety of professional uses, with convenient on-site parking and easy access for clients and staff. Located in an established Norman business area off 24th Ave SW with close proximity to major roadways, retail, and services, this property offers both visibility and accessibility.
Ideal for investors seeking partial occupancy income or owner-operators looking to offset expenses with an in-place tenant, this property is both aesthetically pleasing as well as appealing to a variety of business types.
Location
State OK
County Cleveland
Zoning Commercial
Interior
Fireplace N
Exterior
Parking Features Concrete
Garage Description Concrete
Building
Story 2
Sewer Public Sewer
Water Public
