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    701 W Sheridan Ave Oklahoma City, OK 73102

    For Lease
    $20 SF/Yr ($2,000 /Mo)

    Prime downtown location with flexible office and retail spaces.

    Property size:
    1,200 SF
    Lot size:
    1.22 Acres

    Property Features for 701 W Sheridan Ave

    General Information

    Size
    1,200 SF
    Lot size
    1.22 Acres

    Source: Creek CRE Agent Aden Struble

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Office/Retail Space

    A rare opportunity exists to lease space in an iconic historic building in downtown Oklahoma City. The entire third floor of the Paramount Building is available, offering 5,475 square feet of office space. The space features high ceilings and large windows, blending historic character with modern updates. The open, flexible layout is suitable for a creative office, professional services, or collaborative workspace. Retail space is also available on the first floor, providing visibility and foot traffic in the heart of downtown. The building is located just off Sheridan Avenue, offering access to dining, entertainment, and business destinations. The building features unique historic architecture with exposed brick, industrial-style windows, and high ceilings. The flexible layouts are ideal for creative offices, professional firms, or boutique retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LFS Counseling Counselor Perets Dessert & Coffee ... Coffee Shop CADE Construction LP General Contractor Renaissance Architecture, LLC Architect Swingout OKC Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Nail Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5243961
    Latitude
    35.4666967

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    FAQs

    What type of property is this?
    Office space - Prime downtown location with flexible office and retail spaces.
    Where is this office space located?
    The property is located at 701 W Sheridan Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown OKC location with easy access to dining, entertainment, and business destinations.; - **5,475 SF of full third-floor office space with an open, flexible layout.**; - **Unique historic architecture featuring exposed brick, industrial-style windows, and high ceilings.**
    (405) 210-3910
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    701 W Sheridan Ave Oklahoma City, OK 73102
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    Oklahoma City, OK 73102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 W Sheridan Ave Oklahoma City, OK 73102
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