216-224 SW 29th St - Storefront FOR SALE


Oklahoma City, OK 73109- Central Capitol Hill
$1,875,000 USD
405-565-9479
216-224 SW 29th St, Oklahoma City, OK for Sale
$1,875,000 USD
Storefront - FOR SALE
1/30
null | 8.97% Cap Rate

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


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 – 27,229 SF | Seller Financing Available . EXECUTY SUMMARY HUGE PRICE REDUCTION – PRICED FOR IMMEDIATE SALE! Rare opportunity to acquire a 27,229 SF multi-building commercial property in the high-traffic SW 29th Street corridor of Oklahoma City. This package includes four addresses: 216 SW 29th St, 220 SW 29th St, 224 SW 29th St, and 219 SW 30th St, situated in a high-visibility location with over 20,000 vehicles passing daily. With a total lot size of 1.41 acres, this property is ideal for investors or developers seeking a value-add opportunity in a rapidly growing area. Property Highlights 216 SW 29th St: 9,504 SF showroom with stucco façade updates (2015), modern HVAC systems (2016 & 2018), and 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): Open-plan spaces previously used for warehousing, adaptable for storage, retail, or office conversion. 219 SW 30th St: Fenced corner lot with metal carport, ideal for additional parking, storage, or redevelopment. Key Features Parking: 20+ front spaces on SW 29th St, with additional rear parking via SW 30th St. Security: Two surveillance systems with 24 cameras covering the full property. Zoning: C-3 (Community Commercial) – allowing for retail, warehouse, office, and mixed-use development. Visibility: Prime frontage on SW 29th Street, a major business corridor. DEVELOPMENT POTENTIAL Previously used as a furniture store, this property offers flexible redevelopment options for retail, warehouse, office, or mixed-use purposes. 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 Advantage Strategically located 9 minutes from Downtown Oklahoma City, this property benefits from proximity to major attractions, including Stockyards City, Wheeler Park, and immediate access to I-35 and I-40. SW 29th Street is a thriving commercial corridor with a strong mix of retail businesses, restaurants, and professional services, ensuring steady foot and vehicle traffic. Terms & Pricing Listing Price: $1,975,000 (Negotiable) Seller Financing Available: 35% down payment Interest rate 6-10% Amortized over 15-20 years, with a balloon payment in Year 4 Flexible terms for qualified buyers Quick closing preferred . . This is an exceptional opportunity to acquire prime commercial real estate in one of Oklahoma City’s most dynamic and high-growth areas. The seller is highly motivated, and the property is ready for immediate redevelopment or business expansion. Schedule your private showing today and secure this rare investment opportunity.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

8.97%

% 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, Storefront Retail/Office, Warehouse

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 RealtyMore Info
405-565-9479

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Ysbely KesslerXITY RealtyMore Info
405-565-9479

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