Remodeled Commercial Building in
245 US-169 Oologah, OK 74053
245 US-169, Oologah, OK, 74053
$425,000
For Sale
$425,000
COMMERCIAL - Oologah, OK
Property Size2,006 SF
Lot Size0.39 Acres
Price / SF$211.86
Days on Market179
Property Features for 245 US-169
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 15
- Standard status
- Active
- APN
- 660024110
- Size
- 2,006 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 5 & NLY 20' LOT 6 BLOCK 26 OOLOGAH O T
- Tax Annual Amount
- 1812
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Brick, Block
Listing Agency
Butler Real Estate, Inc.
(918) 855-8801
1790 N 3rd St, Langley, OK
Listed by
Debi Holcomb · License #136023
(918) 782-9304
Added: Jan 20 Checked: Jul 18 at 3:06 am
MLS# 26-138
Copyright © 2026 Northeast Oklahoma Board of Realtors. 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 existing tenants. The property benefits from excellent visibility due to heavy traffic exposure and includes ample on-site parking. The interior layout features six private office spaces, a welcoming lobby area, 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 building. Constructed with reinforced concrete block on a solid slab foundation, the property offers durability. The building has a total area of 2006 square feet and is situated on a 0.39-acre lot. This turnkey property is suitable for a range of professional uses.
Key Highlights
- High‑visibility location with heavy traffic exposure.
- Ample on‑site parking for staff and clients.
- Six private office spaces, lobby, break room, and two 1/2 bathrooms.
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 | $35.3k | $17.58 |
| − OpEx | −$8.8k | −$4.40 |
| NOI | $26.5k | $13.19 |
2,006 SF · lease $19.56/SF/yr · vacancy 10.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$377.9K
$330.7K – $440.9K
NOI $26,456 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$502.4K
$439.6K – $586.2K
NOI $35,169 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 US-169 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‑visibility location with heavy traffic exposure.; Ample on‑site parking for staff and clients.; Six private office spaces, lobby, break room, and two 1/2 bathrooms.
