216-224 SW 29th St - Storefront FOR SALE


Oklahoma City, OK 73109
$1,975,000 USD
405-565-9479
216-224 SW 29th St, Oklahoma City, OK for Sale
$1,975,000 USD
Storefront - FOR SALE
1/17
null | Request Cap Rate

216-224 SW 29th St
Oklahoma City, OK 73109


HIGHLIGHTS

  • Prime Location on High-Traffic Corridor 27,000 sf total space
  • Frontage on SW 29th Street, with estimated daily traffic exceeding 20,000 vehicles.
  • Two robust surveillance systems with a total of 24 cameras, ensuring comprehensive property coverage.
  • Over 20 front parking spaces on SW 29th St with additional rear parking accessible from SW 30th St.

OVERVIEW

Prime Commercial Investment Opportunity! This unique property package includes four addresses: 216 SW 29th St, 220 SW 29th St, 224 SW 29th St, and 219 SW 30th St, strategically located on the high-traffic and historic SW 29th Street corridor in Oklahoma City. With a combined building space of approximately 27,229 SF and a total lot size spanning 0.64 acres, this property is ideal for investors or developers seeking a high-visibility and versatile location. Property Highlights: 216 SW 29th St: Features a 9,504 SF showroom with updated stucco façade (2015), modern HVAC systems (2016 & 2018), and a 4,200 SF warehouse space with rear loading dock and parking. 220 SW 29th St (6,850 SF) & 224 SW 29th St (6,675 SF): Large open spaces previously used for warehousing, ideal for storage, retail, or office redevelopment. 219 SW 30th St: A fenced corner lot with a metal carport structure, offering potential for additional parking, storage, or redevelopment. Key Features: Parking: Over 20 front parking spaces on SW 29th St with additional rear parking accessible from SW 30th St. Security: Two robust surveillance systems with a total of 24 cameras, ensuring comprehensive property coverage. Zoning: C-3 (Commercial General), supporting a wide variety of commercial uses. Visibility: Frontage on SW 29th Street, with estimated daily traffic exceeding 20,000 vehicles. Development Potential: Multi-tenant retail center. Urban logistics or distribution hub. Mixed-use redevelopment with retail, office, or co-working spaces. Event or cultural venue leveraging the property's flexible layout. Expansion of parking or outdoor storage to support business needs. Location Highlights: Situated just 9 minutes from Downtown Oklahoma City, the property benefits from proximity to major attractions like Stockyards City, Wheeler Park, and access to I-35 and I-40. SW 29th Street is a bustling commercial corridor featuring a diverse mix of restaurants, retail stores, and professional services, ensuring consistent foot and vehicle traffic. Terms and Pricing: Listing Price: $1,975,000 (negotiable). Seller Financing Available: 35% down payment, interest rate between 6-10%, amortized over 15-20 years with a balloon payment at the 4th year. Quick closing preferred. This is an incredible opportunity to own a block of prime commercial real estate in one of Oklahoma City's most dynamic and growing areas. The seller is motivated, and the property is ready for immediate redevelopment or new business ventures. Schedule your private showing today and unlock the potential of this one-of-a-kind investment!

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi Flex Building SW 29th

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Day Care Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,480 SF

ZONING

C-3

APN/PARCEL ID

093430420,093430440,093430460,093430620

ASK ABOUT THIS PROPERTY

Ysbely KesslerXITY Realty LLCMore Info
405-565-9479

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

Ysbely KesslerXITY Realty LLCMore Info
405-565-9479

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