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Multi-Suite Office Building
New
For Sale
$250,000

1221 Colorado Avenue, Elk City, OK 73644

Commercial Sale, Elk City, OK

Property Size4,725 SF
Lot Size0.67 Acres
Price / SF$52.91
Days on Market1

Property Features for 1221 Colorado Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Standard status Active
APN 1221NONEColorado73644
Size 4,725 SF
Lot size 0.67 Acres

Building Details

Year built 1965
Listing Agency: Western Oklahoma Realty II LLC
Listed By: Tyler Harrison · License #148062
Added: Oct 14 Last Checked: Oct 14 at 5:06PM
MLS# 1253761

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.

The 4,725-square-foot office building in Elk City is configured for division into three suites. Its prior use included medical offices, and one suite is currently leased. Three HVAC units and two utility service setups support the building’s multi-suite configuration. The roof was installed last year.

The property occupies a 0.6728-acre site at 1221 Colorado Avenue and is zoned Commercial. Built in 1965, it provides an office asset with existing suite configuration and a current tenant.

Key Highlights

  • 4,725‑square‑foot office building on a 0.6728‑acre site
  • Layout can be divided into three office suites; one suite is currently leased
  • Three HVAC units and two utility service setups

Property Analytics

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Open Analytics

Current Use

Dr. Roy M. ... Physician David Bank, MD Pediatrician T'Leigh's Esthetics Spa & Massage Center Rejuvenate Mod Spa Hair Salon Patterson Family Medicine ... Physician

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Dental Office

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 73644, OK

14,198
Population
7,256
Households
2
Avg Household Size
36
Median Age
17%
College-Educated
90%
High-School Grad
185.2 sq mi
ZIP Area
77
Density / Sq Mi
$51,774
Median Household Income
$36,620
Median Earnings
$844
Median Rent
$167,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned property offers a flexible layout and separate building systems for multiple occupants.
Where is this office building located?
The property is located at 1221 Colorado Avenue Elk City, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4,725‑square‑foot office building on a 0.6728‑acre site; Layout can be divided into three office suites; one suite is currently leased; Three HVAC units and two utility service setups
More about this property
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