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Mixed-Use Property with Bar Area
For Sale
$115,000

1501 N Pennsylvania Ave, Mangum, OK 73554

Former lodge property with gathering areas, original finishes, and a built-in bar area for adaptive reuse.

Property Size5,010 SF
Price / SF$22.95
Days on Market8

Property Features for 1501 N Pennsylvania Ave

General Information

Standard status Active
Size 5,010 SF

Amenities

original flooring
classic bar area
natural wood accents
large gathering spaces

Building Details

Year Built 1962
Listing Agency: Metro First Realty Group
Listed By: Kimberly Callins · License #205185
Source: Sarahflemingestates
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 21 at 11:16AM

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 Metro First Realty Group

Investment Insights

Based on property information with market context.

This 5,010-square-foot mixed-use property is a former Elks Lodge built in 1962. The interior includes original flooring, natural wood details, a bar area, and large rooms designed for gatherings. The property has been closed for the past few years and offers an existing framework for a new use.

Located at 1501 N Pennsylvania Ave in Mangum, Oklahoma, the site includes approximately 14 lots covering nearly half a block. The grounds provide substantial room around the building, while the existing layout may accommodate concepts such as an event venue, community center, restaurant, entertainment space, or business headquarters, subject to applicable approvals.

Key Highlights

  • 5,010‑square‑foot mixed‑use building
  • Approximately 14 lots spanning nearly half a block
  • Former Elks Lodge built in 1962

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Plumbing Service Kitchen & Bath Showroom Storage Facility

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

95
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Groceries 34% Shops & Services 25%
United Supermarkets Groceries
5,626 visits/mo 0.3 miles
SONIC Drive In Dining
4,685 visits/mo 0.2 miles
Dollar General Shops & Services
4,259 visits/mo 0.2 miles
Pizza Hut Dining
1,959 visits/mo 0.2 miles
El Charro Dining
185 visits/mo 0.3 miles

Demographics for 73554, OK

3,371
Population
1,688
Households
2
Avg Household Size
41
Median Age
19%
College-Educated
82%
High-School Grad
356.5 sq mi
ZIP Area
9
Density / Sq Mi
$62,589
Median Household Income
$33,821
Median Earnings
$606
Median Rent
$97,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former lodge property with gathering areas, original finishes, and a built-in bar area for adaptive reuse.
Where is this mixed-use property located?
The property is located at 1501 N Pennsylvania Ave Mangum, OK.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 5,010‑square‑foot mixed‑use building; Approximately 14 lots spanning nearly half a block; Former Elks Lodge built in 1962
More about this property
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