Historic Route 66 Commercial
3314 East 11th Street Tulsa, OK 74112
For Sale
$1,475,000
Exceptional commercial opportunity in the heart of Tulsa on Route 66.
Property Size6,132 SF
Lot Size0.46 Acres
Price / SF$240.54
Days on Market125
Property Features for 3314 East 11th Street
General Information
Standard status
Active
Size
6,132 SF
Lot size
0.46 Acres
Property subtype
Retail
Listing Agency:
(918) 392-7206
Listed By:
Jamie Hill
(918) 392-7206
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 27 at 7:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jamie Hill
Investment Insights
Based on property information with market context.
This commercial property, situated in the heart of Tulsa, the officially designated Capital of Route 66, presents an exceptional opportunity. Constructed in 1930, the building was occupied by Safeway as early as 1951 and stands as a rare surviving example of the mid-sized commercial architecture that defined 11th Street’s history during the golden age of American travel. The property benefits from its location in a vibrant, high-traffic corridor that attracts both international tourism and consistent local commerce. The building offers 6,132 square feet on a 0.46-acre lot. It features full climate control, 17-foot sidewalls, a wet sprinkler system, and Commercial Heavy zoning. Additional features include extensive wrought iron fencing, two ADA restrooms, and 23 parking spaces. The property's historic pedigree, combined with its prominent frontage on 11th Street / HWY 66, provides an exceptional foundation for a variety of adaptive reuse or investment ventures.
Key Highlights
- Historic Route 66 Frontage in the Capital of Route 66
- High‑Traffic Location attracting Tourists and Local Commerce
- 6,132± SF Building on 0.46± Acres
Financial Insights For Retail
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 | $88.3k | $14.40 |
| − Vacancy | −$4.0k | −$0.65 |
| EGI | $84.3k | $13.75 |
| − OpEx | −$25.3k | −$4.13 |
| NOI | $59.0k | $9.63 |
6,132 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$843.3K
$737.9K – $983.8K
NOI $59,029 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,550 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Exceptional commercial opportunity in the heart of Tulsa on Route 66.
Where is this storefront property located?
The property is located at 3314 East 11th Street Tulsa, OK.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Historic Route 66 Frontage in the Capital of Route 66; High‑Traffic Location attracting Tourists and Local Commerce; 6,132± SF Building on 0.46± Acres
