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Storefront Retail Space with Office
For Sale
$280,000

113 E Broadway, Blanchard, OK 73010

SINGLE_FAMILY - Blanchard, OK

Property Size1,400 SF
Price / SF$200
Days on Market133

Property Features for 113 E Broadway

General Information

Property type Residential
Property subtype Retail
Zoning Commercial
Directions From Hwy 62 heading west into Blanchard, turn left (south) at main st stop light, then turn left (east) onto Broadway. Property is located on the north side of the road within the retail strip center.
Standard status Active
APN 113EBroadway73010
Size 1,400 SF

Utilities

Heating system Natural Gas
Cooling system Electric, Central Air

Amenities

built-in shelving
island/bar
tile flooring
quartz countertops
barn doors
built-in desk
stainless steel utility sink
private office
restroom
built-in sound system
attic storage
energy-efficient heating and air

Building Details

Year built 2018
Floors in Building 1
Building materials Brick & Frame
Listing Agency: Elite Key Realty
Listed By: Niki Grider · License #174801
Added: Mar 26 Changed: Jul 30 Last Checked: Aug 5 at 11:06PM
MLS# 1220413

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained commercial storefront totals 1,400 SF and was most recently operated as a boutique, with the flexibility to support a range of business uses. Inside, the layout features built-in shelving and a large central island/bar with quartz countertops and additional electrical outlets; the island sits on tile flooring and can be removed to adjust the space. Behind barn doors is a back room with additional adjustable shelving, a built-in desk area, and a stainless-steel utility sink. The space also includes a private office and restroom, plus an exhaust fan with its own switch.

The building has brick and frame construction, energy-efficient heating and air, and natural gas heating. Cooling is electric with central air, and the property includes a built-in sound system with microphone capability and Bluetooth. Attic storage is also available, and the flooring is tile throughout for easy maintenance.

Outside, there are three parking spaces in front of the building and two covered parking spaces at the back for convenient customer and delivery access.

Key Highlights

  • 1,400 SF commercial storefront with tile flooring throughout
  • Built‑in shelving plus a large island/bar with quartz countertops and electrical outlets
  • Back room includes adjustable built‑ins, built‑in desk, and stainless steel utility sink

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.0k $15.00
− Vacancy −$1.1k −$0.75
EGI $20.0k $14.25
− OpEx −$6.0k −$4.27
NOI $14.0k $9.98
1,400 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$199.5K
$174.6K – $232.8K (±1% cap)
NOI $13,965 @ 7.0% cap · market cap 4.99%
Second Best
Office B
$169.6K
$148.4K – $197.9K (±1% cap)
NOI $11,873 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$338.4K
$296.1K – $394.8K (±1% cap)
NOI $23,688 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Building Supply Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
Balanced
Demand for This Use

Demographics for 73010, OK

20,744
Population
7,770
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
174.5 sq mi
ZIP Area
119
Density / Sq Mi
$86,968
Median Household Income
$47,315
Median Earnings
$1,070
Median Rent
$241,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Rhonda's Roses & More 119 N Main St, Blanchard, OK 73010

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with tile flooring, built-ins, private office and restroom, natural gas heat, and five on-site parking spaces.
Where is this storefront property located?
The property is located at 113 E Broadway Blanchard, OK.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,400 SF commercial storefront with tile flooring throughout; Built‑in shelving plus a large island/bar with quartz countertops and electrical outlets; Back room includes adjustable built‑ins, built‑in desk, and stainless steel utility sink
More about this property
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