Remodeled Commercial Building in
245 S Hwy 169 Street Oologah, OK 74053
245 S Hwy 169 Street, Oologah, OK, 74053
$425,000
For Sale
$425,000
COMMERCIAL - Oologah, OK
Property Size2,002 SF
Lot Size0.39 Acres
Price / SF$212.29
Days on Market179
Property Features for 245 S Hwy 169 Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- commercial
- Interior features
- 9' Ceiling Height, Dry Bar, High Speed Internet, Mini-Kitchen, Public Restrooms
- Exterior features
- Lighting, Pole Sign, Sidewalk, Sprinkler System
- Standard status
- Active
- APN
- 660024110
- Size
- 2,002 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 5 & NLY 20' of Lot 6 Block 26
- Tax Annual Amount
- 1812
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Flooring type
- Tile, Laminate
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Butler Real Estate
(918) 782-9304
36698 S Hwy 82, Langley, OK
Listed by
Debi Holcomb · License #136023
(918) 855-8801
Added: Jan 20 Checked: Jul 18 at 3:06 am
MLS# 2602381
Copyright © 2026 MLS Technology, 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 remodeled brick building presents an opportunity for a new business, relocation, or investment with built-in tenants. The property offers excellent visibility due to heavy traffic exposure and includes ample on-site parking. The interior is designed for functionality and comfort, featuring six private office spaces, a welcoming lobby, a break room, and two half bathrooms. High-speed fiber-optic internet is available. Dual heating and air conditioning units provide climate control throughout the 2,002 square foot building. Constructed with reinforced concrete block on a solid slab foundation, the property is designed for durability. Situated on a 0.386-acre lot, this turnkey property is suitable for a variety of professional uses.
Key Highlights
- High‑exposure location with heavy traffic and ample on‑site parking.
- Six private office spaces, lobby, break room, and two 1/2 bathrooms.
- Remodeled brick building with modern upgrades.
Local Financial Insights For Office B
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 | $39.2k | $19.56 |
| − Vacancy | −$4.0k | −$1.98 |
| EGI | $35.2k | $17.58 |
| − OpEx | −$8.8k | −$4.40 |
| NOI | $26.4k | $13.19 |
2,002 SF · lease $19.56/SF/yr · vacancy 10.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$377.2K
$330.0K – $440.1K
NOI $26,403 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$501.4K
$438.7K – $585.0K
NOI $35,099 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-maintained commercial building with high visibility and modern amenities.
Where is this office building located?
The property is located at 245 S Hwy 169 Street Oologah, OK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High‑exposure location with heavy traffic and ample on‑site parking.; Six private office spaces, lobby, break room, and two 1/2 bathrooms.; Remodeled brick building with modern upgrades.
