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McAlester City Block Opportunity
For Sale
$250,000

1401 E Cherokee Avenue, McAlester, OK 74501

MULTI_FAMILY - McAlester, OK

Property Size30,467 SF
Lot Size2.44 Acres
Price / SF$8.21
Days on Market161

Property Features for 1401 E Cherokee Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Directions Property is one full city block the four streets that surround the property are E. Cherokee, S 15th St, E. Chickasaw Ave & S. Herbert McIntosh St.
Standard status Active
APN 1401ECherokee74501
Size 30,467 SF
Lot size 2.44 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1950
Listing Agency: KirkAngel, Inc.
Listed By: Robert Angelo · License #202758
Added: Mar 9 Changed: Jun 3 Last Checked: Aug 16 at 6:06AM
MLS# 1218141

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.

This property features a full city block in McAlester, Oklahoma, encompassing 2.44 acres. The main building offers 24,595 square feet, complemented by a historic gymnasium spanning 5,872 square feet, for a total of 30,467 square feet. The site may qualify for state and federal tax incentives. Formerly L'Ouverture High School, it served African-American students during segregation until McAlester schools were integrated in 1968. The property is zoned for commercial use.

Key Highlights

  • Full city block property totaling 2.44 acres MOL.
  • Main building offers 24,595 sqft of space.
  • Potential eligibility for state and federal tax incentives.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Gym & Fitness Center Grocery & Convenience Store Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

1,314
Businesses Nearby

Demographics for 74501, OK

28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
School - 2.44 acres in McAlester with state and federal tax incentives.
Where is this school located?
The property is located at 1401 E Cherokee Avenue McAlester, 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: Full city block property totaling 2.44 acres MOL.; Main building offers **24,595 sqft of space.**; Potential eligibility for state and federal tax incentives.
More about this property
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