Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Four-Story Brick Building Title is generated by Realmo AI

    14 E 9th St, Shawnee, OK 74801

    View on Map
    Claim this Listing
    For Sale
    $125,000

    Four-story historic red brick structure with elevator, terrazzo floors, and original windows in downtown Shawnee, Oklahoma.

    Property size:
    12,000 SF
    Price / SF:
    $10/SF
    Added:
    Mar 24, 2026
    Days on Market:
    75
    Last Refresh:
    Jun 6 at 3:28 am

    Property Features for 14 E 9th St

    General Information

    Standard status
    Active
    Size
    12,000 SF

    We can help!

    Listing Contact
    Kevin Hanna

    Listing agent Kevin Hanna License #202641

    Listing office Frontier Commercial Group, LLC

    Listing date Mar 24, 2026

    Source Exprealty

    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 Frontier Commercial Group, LLC

    HighLights

    • Historic four‑story Chicago‑style red brick building formerly known as ACH Hospital in downtown Shawnee, OK
    • Approximately 3,000 SF per floor, totaling around 12,000 SF; basement includes original hospital laboratory and mechanical equipment space
    • Terrazzo floors, mostly original windows, and solid foundation throughout the building
    • Elevator on‑site (in need of repair)
    • Within walking distance to the courthouse, City Hall, banks, a theater, and other downtown businesses
    • City‑installed sidewalk with brick pavers honoring key contributors to the building’s preservation

    Overview

    This historic four-story, Chicago-style red brick building was formerly known as ACH Hospital. The basement remains as a solid foundation and includes space that was originally used for a hospital laboratory and mechanical equipment. Above, each floor is approximately 3,000 square feet, for a total around 12,000 square feet. Interior finishes include terrazzo floors, and the building retains mostly original windows. An elevator is present but is described as in need of repair.

    The property is located in the heart of downtown Shawnee, Oklahoma, within walking distance of the courthouse, City Hall, banks, a theater, and various downtown businesses.

    With the right restoration scope, the building can support a range of concepts, including restaurants, shops, offices, loft apartments, or a mixed-use development. The City of Shawnee has installed a sidewalk with brick pavers honoring key contributors to the building’s preservation, adding to the property’s historic character. Local, state, and federal grants or tax incentives may be available for restoration efforts, and the offering is available for sale.
    Location Intelligence

    Current Use by Public Records

    Hospitals

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Pottawatomie
    State
    Oklahoma
    Longitude
    -96.922573
    Latitude
    35.328994

    Nearby Similar for Sale

    • $675,000
      6,100 SF

      Versatile Office Space in Shawnee

      Functional commercial property with private offices and high traffic.
      908 East 35th Street, Shawnee, OK 74804
      View Details
    • $1,500,000
      31,336 SF

      Shawnee Commercial Building on Kennedy

      31,336 SF commercial building with 3.05 acres land.
      1400 N Kennedy Avenue, Shawnee, OK 74801
      View Details
    • $429,900
      7,600 SF

      Shawnee Office Building Investment Opportunity

      Well-maintained commercial office building with stable income and flexible layout.
      1501 N Shawnee Avenue, Shawnee, OK 74804
      View Details
    • $399,000
      9,657 SF

      Downtown Shawnee Commercial Building

      Prime commercial building in downtown Shawnee with high traffic exposure.
      123 W Highland Street, Shawnee, OK 74801
      View Details
    • $130,000
      3,750 SF

      Versatile Commercial Property in Shawnee

      3,750 sq ft flexible space with endless potential.
      115 S Oklahoma Avenue, Shawnee, OK 74801
      View Details
    • $299,000
      4,230 SF

      Adaptable Commercial Space in Shawnee

      Versatile commercial property suitable for various business uses.
      3803 North Bryan Avenue, Shawnee, OK 74804
      View Details
    • $250,000
      10,120 SF

      Historic Art Deco Theater

      Oklahoma Historic Registry theater with dual screens and stage.
      125 N Bell Avenue, Shawnee, OK 74801
      View Details
    • $75,000
      9,838 SF

      Corner Retail Space with Basement

      Versatile retail opportunity with alley access and an open basement, sold as-is and ready for renovation plans.
      120 E Main Street, Shawnee, OK 74801
      View Details
    • $399,900

      Shawnee Commercial Property on 1.25 Acres

      High-visibility commercial property near I-40 and Highway 102.
      33598 S 45th St 1.25 Acres MOL, Shawnee, OK 74804
      View Details
    • $375,000
      2,814 SF

      Remodeled Office Building with Basement

      Remodeled office building with leasing potential and convenient location.
      20 E Dunloup Street, Shawnee, OK 74804
      View Details
    • $875,000
      8,241 SF

      Spacious Shawnee Commercial Building on Acreage

      8,241 SF commercial building on 5.75 acres in Shawnee.
      42005 Moccasin Trail, Shawnee, OK 74804
      View Details
    • $247,000
      4,272 SF

      Commercial Building with Mechanic Shop

      Commercial building featuring retail, warehouse, and mechanic shop spaces.
      1329 N Harrison Ave, Shawnee, OK
      View Details

    FAQs

    What type of property is this?
    Hospital - Four-story historic red brick structure with elevator, terrazzo floors, and original windows in downtown Shawnee, Oklahoma.
    Where is this hospital located?
    The property is located at 14 E 9th St Shawnee, OK.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Historic four‑story Chicago‑style red brick building formerly known as ACH Hospital in downtown Shawnee, OK; Approximately 3,000 SF per floor, totaling around 12,000 SF; basement includes original hospital laboratory and mechanical equipment space; Terrazzo floors, mostly original windows, and solid foundation throughout the building
    (405) 878-6404
    We can help!
    Listing Contact
    Kevin Hanna
    Real Estate License ID: 202641
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14 E 9th St, Shawnee, OK
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!