100 E Foreman St - Schools FOR SALE


El Reno, OK 73036
$119,900 USD
405-474-2502
100 E Foreman St, El Reno, OK for Sale
$119,900 USD
Schools - FOR SALE
1/11
null | Request Cap Rate

100 E Foreman St
El Reno, OK 73036


HIGHLIGHTS

  • Property is condemned until repairs are completed
  • Central Located Historic Building on 2.5 acres, ideal for redevelopment with ample space and parking
  • Surrounded by four streets, unmatched accessibility and potential for creative reuse

OVERVIEW

This 13,610 sq. ft. property, built in 1930, sits on an entire city block in the heart of El Reno, Oklahoma. In addition to its remarkable architecture, this site holds significant historical value: in 1901, El Reno was one of the key locations for the U.S. government’s land lottery. During this event, thousands of settlers gathered in hopes of acquiring parcels of land from the former Kiowa-Comanche-Apache and Wichita-Caddo-Delaware reservations. Property Highlights Built in 1930, reflecting the architectural style of the era. Features include: Eight large rooms (formerly classrooms). A central auditorium with a stage, ideal for community events or redevelopment. Administrative offices and service areas. Situated on a full city block, offering ample space for redevelopment or restoration. Previously used as a boarding facility, with some classrooms converted into studio-style apartments. Historical Context In 1901, El Reno became the epicenter of a historic land lottery that allocated approximately 13,000 parcels of 160 acres each for settlement. This event marked a pivotal moment in the expansion of Oklahoma, attracting thousands of hopeful settlers seeking to establish themselves on new land. The property itself is located in a region that played a crucial role in this transformative period of American history. Current Condition The property is in a state of disrepair and has been condemned by the City of El Reno. While electricity was operational until recently, services were disconnected in preparation for renovations. Although no asbestos records exist for the building, its presence cannot be ruled out. Significant renovation or demolition will be required, offering an opportunity to preserve its historical character or create something entirely new. Key Selling Points Historical significance: Located in a region tied to the landmark 1901 land lottery, an event that shaped Oklahoma’s history. Prime location: Centrally located near major amenities and attractions in El Reno. Expansive lot: A full city block ready for redevelopment, offering versatile opportunities. Architectural charm: Retains unique historical features that could add significant value if restored. Buyer Notes The property is sold as-is, with all inspections and due diligence to be conducted by the buyer. Property visits are permitted at the buyer’s own risk due to its current condition. The City of El Reno requires an inspection and approval of repairs to lift the condemnation status. This property represents a rare investment opportunity for developers, preservationists, and visionaries. Whether you choose to honor its historical legacy or pursue a bold redevelopment, this landmark is ready to play a central role in the future of El Reno.

FOR SALE DETAILS

PRICE

$119,900 USD

PRICE/SF

$9 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Irving School Redevelopment

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Lodge/Meeting Hall

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

R-2

APN/PARCEL ID

090023605

ASK ABOUT THIS PROPERTY

Ysbely KesslerXITY RealtyMore Info
405-474-2502

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Ysbely KesslerXITY RealtyMore Info
405-474-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.