Exceptional Investment, Redevelopment, and Owner-User Opportunity. Also available for lease.Unlock the potential of this unique property located in the heart of the community. Situated near established commercial properties, major grocery stores, banks, shopping, and convenient highway access, this location offers excellent accessibility and future development possibilities.The property features a roof that was replaced in 2022 and zoning is SPUD-1313, which is uploaded to the MLS. The current zoning approved uses are - Residential Facilities for Dependent and Neglected Children, Low Impact Institutional (Neighborhood Related), and Moderate Impact Institutional uses. The seller is willing to consider a zoning change, with all costs associated with the zoning application and approval process to be paid by the prospective buyer. This property presents an excellent opportunity for investors, developers, nonprofits, institutions, or business owners seeking a property with redevelopment potential in a desirable location. The building will require improvements, including replacement of the electrical system, allowing a buyer to customize the property to meet their specific needs and vision.Whether you're looking to renovate, repurpose, or redevelop, this property offers a rare chance to create value in a growing area with strong community access and visibility.Buyer and/or tenant to verify all information, including zoning, permitted uses, square footage, condition of the property, and any information deemed important.
| MLS # | 1233025 |
|---|---|
| Listing Type | For Sale |
| Style | Special Purpose |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 97 |
| Listing Provided By | Elaborate Real Estate | Chasadi Fails-Ortiz |
| SQ Feet | 15,204 |
|---|
| Tax Block | 000 |
|---|---|
| Tax Lot | 000 |
| State | OK |
|---|---|
| County | Oklahoma |
| City | Oklahoma City |
| Zip Code | 73111 |
| School District | Oklahoma |
| Listing VS Median (in 73111) | |
Price: $700,000 low | high Med: $144,900 sqft: 15,204 low | high Med: 854 $ / sqft: $46 low | high Med: $170 On site: 97 low | high Med: 131 | |
| State | OK |
|---|---|
| County | Oklahoma |
| City | Oklahoma City |
| Zip Code | 73111 |
| School District | Oklahoma |
| Listing VS Median (in 73111) | |
Price: $700,000 low | high Med: $144,900 sqft: 15,204 low | high Med: 854 $ / sqft: $46 low | high Med: $170 On site: 97 low | high Med: 131 | |