Turnkey Historic Office
1605 N Classen Blvd Oklahoma City, OK 73106
1605 N Classen Blvd, Oklahoma City, OK, 73106
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For Sale
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Renovated craftsman office building with private offices, conference room, basement, and seven parking spaces.
Property Size2,620 SF
Price / SF$265.27
Days on Market55
Property Features for 1605 N Classen Blvd
General Information
- Standard status
- Active
- Size
- 2,620 SF
- Property subtype
- Office
Building Details
- Year Built
- 1912
Listing agency
Creek Commercial Realty
(405) 210-3910
Listed by
Aden Struble · License #209339
Source
Crexi
Added: May 29 Updated: Jul 10 at 3:59PM Checked: Jul 22 at 3:38AM
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 Creek Commercial Realty
Investment Insights
Based on property information with market context.
This early 1900s craftsman has been beautifully renovated and offers turnkey office space for a range of professional uses. The layout includes five private offices and a conference room, along with a full basement that can support day-to-day storage or operational needs. The property also includes seven parking spaces, supporting convenient on-site access for staff and clients.
The building sits directly on N Classen Blvd in Oklahoma City, with access directly off 15th and Classen Blvd. It is positioned within minutes of Downtown OKC, Midtown, and the Paseo Arts District, which can support visibility and client access for office-based businesses.
With its combination of private office rooms, meeting space, and parking, the property is well-suited for professional services, legal, consulting, creative, or boutique medical tenants. The completed renovations reduce move-in friction for an operator seeking a historic character setting with practical, functional office improvements already in place.
The building sits directly on N Classen Blvd in Oklahoma City, with access directly off 15th and Classen Blvd. It is positioned within minutes of Downtown OKC, Midtown, and the Paseo Arts District, which can support visibility and client access for office-based businesses.
With its combination of private office rooms, meeting space, and parking, the property is well-suited for professional services, legal, consulting, creative, or boutique medical tenants. The completed renovations reduce move-in friction for an operator seeking a historic character setting with practical, functional office improvements already in place.
Key Highlights
- 1912 craftsman office building renovated and located directly on N Classen Blvd in OKC
- Office layout includes 5 private offices plus a conference room
- Full basement provides additional usable space
Local Financial Insights For Office B
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 | $65.4k | $24.96 |
| − Vacancy | −$15.7k | −$5.99 |
| EGI | $49.7k | $18.97 |
| − OpEx | −$12.4k | −$4.74 |
| NOI | $37.3k | $14.23 |
2,620 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$532.5K
$465.9K – $621.3K
NOI $37,275 @ 7.0% cap · market cap 5.36%
Second Best
Healthcare Medical
$529.1K
$463.0K – $617.3K
NOI $37,039 @ 7.0% cap · market cap 5.33%
Theoretical Best
Specialty Retail
$896.0K
$784.0K – $1.05M
NOI $62,723 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Renovated craftsman office building with private offices, conference room, basement, and seven parking spaces.
Where is this office building located?
The property is located at 1605 N Classen Blvd Oklahoma City, OK.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1912 craftsman office building renovated and located directly on N Classen Blvd in OKC; Office layout includes 5 private offices plus a conference room; Full basement provides additional usable space
