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Medical Office Portfolio with Hospital Adjacency
For Sale
$4,000,000

1611 Main 1101 Hillcrest 1601 Main 1818 Kansas, Woodward, OK 73801

COMMERCIAL - Woodward, OK

Property SizeContact for details
Lot Size1.01 Acres
Days on Market152

Property Features for 1611 Main 1101 Hillcrest 1601 Main 1818 Kansas

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Parking Lot
Lot features Corner Lot, Downtown Area, Other/ Explain in Remarks
Subdivision Woodward
Standard status Active
Lot size 1.01 Acres

Utilities

Heating system Electric (Heating), Natural Gas, Central
Cooling system Electric, Central Air

Building Details

Floors in Building 2
Flooring type Concrete
Roof type Flat, Other, Asphalt
Listing Agency: Smith & Co Auction & Realty Inc
Listed By: Ira Smith · License #70869
Added: Mar 31 Changed: Aug 4 Last Checked: Aug 29 at 3:06AM
MLS# 20260385

Copyright © 2026 Northwest Oklahoma Association of REALTORS®. 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.

A single-package medical office portfolio comprising four commercial medical office properties and one parking lot. The buildings are secured under six leases with nearly five years remaining, supporting medical office use across the portfolio. The main property at 1611 Main Street provides approximately 15,450+/- SF of medical office space across two levels. Built in 1984, the facility includes an elevator, three separate entrances/exits, and ample parking on three sides.

The portfolio is anchored by a hospital-adjacent location directly across from Integris Woodward Hospital. Adjacent to the west is 1101 Hillcrest, a multi-building property with three structures: one built in 1968 with 5,280+/- SF, one built in 1969 with 3,000+/- SF, and one built in 1971 with 1,925+/- SF. Also included are 1601 Main Street at the corner of Main Street and Hillcrest Drive (1,288+/- SF, built in 1960) and 1818 Kansas (approximately 2,990+/- SF, built in 1984).

All properties are currently utilized as medical office space and feature convenient parking access. The buildings include concrete flooring, central heating and cooling, and flat or asphalt roofing.

Key Highlights

  • Main building at 1611 Main Street: approx. 15,450+/- SF medical office across two levels, built 1984
  • Elevator plus three separate entrances/exits at 1611 Main Street with ample parking on three sides
  • Six leases in place with nearly five years remaining

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Dental Office Furniture & Home Goods Catering Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

827
Businesses Nearby
Under-served
Demand for This Use

Demographics for 73801, OK

15,671
Population
7,046
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
88%
High-School Grad
459.0 sq mi
ZIP Area
34
Density / Sq Mi
$65,454
Median Household Income
$37,832
Median Earnings
$842
Median Rent
$178,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Four medical office buildings plus a parking lot, secured under six leases with nearly five years remaining and hospital-adjacent location.
Where is this medical office space located?
The property is located at 1611 Main 1101 Hillcrest 1601 Main 1818 Kansas Woodward, OK.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Main building at 1611 Main Street: approx. 15,450+/- SF medical office across two levels, built 1984; Elevator plus three separate entrances/exits at 1611 Main Street with ample parking on three sides; Six leases in place with nearly five years remaining
More about this property
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