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Remodeled Retail and Office Building
For Sale
$105,000

312 E Cherokee Avenue, Nowata, OK 74048

COMMERCIAL - Nowata, OK

Property SizeContact for details
Days on Market148

Property Features for 312 E Cherokee Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions From the Stoplights on Hwy 169, Turn East on Cherokee St. for about 4 blocks. Property will be on the South side of the Road right before the railroad tracks.
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 962

Utilities

Heating system Electric (Heating)

Building Details

Year built 1951
Listing Agency: KW Partners
Listed By: Ella Carter · License #00227074
Added: Mar 30 Changed: Aug 4 Last Checked: Aug 24 at 8:06AM
MLS# 11717181

Copyright © 2026 My State MLS. 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 commercial building offers a clean, move-in-ready interior with new flooring and new paint. The space includes room for counter setup upon entering, updated bathrooms, and updated water lines. A showroom area provides additional space for displaying goods or supporting office use.

The property is located off Hwy 60 and Hwy 169 in Nowata, OK, at 312 E Cherokee Avenue. Recent upgrades include a roof less than two years old, central heat/air less than two years old, and electrical service stated as up to code.

Previously used as a nail salon, the building’s layout and improvements are suited for businesses looking for a refreshed retail or office environment with modernized interior systems and finishes.

Key Highlights

  • Remodeled commercial building off Hwy 60 in Nowata (built in 1951)
  • Roof is less than 2 years old
  • Electrical system is up to code

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Groceries 29% Shops & Services 22%
SONIC Drive In Dining
8,415 visits/mo 0.4 miles
Homeland Groceries
7,824 visits/mo 0.3 miles
Family Dollar Shops & Services
3,872 visits/mo 0.1 miles
Daylight Donuts & Taco Zone Dining
1,984 visits/mo 0.1 miles
Pizza Hut Dining
1,519 visits/mo 0.2 miles

Demographics for 74048, OK

5,537
Population
2,589
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
91%
High-School Grad
211.8 sq mi
ZIP Area
26
Density / Sq Mi
$51,346
Median Household Income
$32,589
Median Earnings
$753
Median Rent
$119,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cactus Hill Flower Company 305 E Cherokee Ave, Nowata, OK 74048

Frequently Asked Questions

What type of property is this?
Storefront property - Tastefully remodeled building off Hwy 60 with updated roof, HVAC, electrical, and interior finishes.
Where is this storefront property located?
The property is located at 312 E Cherokee Avenue Nowata, OK.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Remodeled commercial building off Hwy 60 in Nowata (built in 1951); Roof is less than 2 years old; Electrical system is up to code
More about this property
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