For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Storefront and Office Property Title is generated by Realmo AI

    1732 NW 23rd Street, Oklahoma City, OK 73106

    View on Map
    Claim this Listing
    For Sale
    $690,000

    High-visibility NW 23rd Street storefront with nearby interstate access and an adjacent assemblage option.

    Type:Retail
    Property size:
    2,412 SF
    Price / SF:
    $286/SF
    Added:
    Jun 11, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 20 at 10:22 am

    Property Features for 1732 NW 23rd Street

    General Information

    Standard status
    Active
    Size
    2,412 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1999

    We can help!

    Listing Contact
    Keller Williams Summit

    Listing agent Keller Williams Summit

    Listing office

    Listing date Jun 11, 2026

    Source Xome

    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 Keller Williams Summit

    HighLights

    • High‑visibility NW 23rd Street commercial storefront on Oklahoma City’s NW 23rd Street corridor
    • Year built: 1999
    • Lease available at $3,500 per month
    • Minutes from I‑44 and I‑235 for convenient highway access
    • Adjacent property at 1724 NW 23rd Street is also available for potential assemblage and expanded frontage
    • No pool on the property

    Overview

    This property at 1732 NW 23rd Street is a mixed-use commercial building configured to support retail, office, or restaurant concepts, totaling approximately 2,412 square feet. It is presented as for sale with the option for lease as well, giving owner-users and operators flexibility in how they structure their next step. The surrounding context also supports different programming needs, particularly for tenants looking for an urban storefront presence.

    The site sits on Oklahoma City’s NW 23rd Street corridor and is described as being minutes from I-44 and I-235, improving regional connectivity for customers and staff. The property is noted as being surrounded by established cultural and entertainment areas including the Plaza District, Paseo Arts District, Asian District, Heritage Hills, Mesta Park, Midtown, and Downtown OKC.

    For investors and developers, there is an additional adjacent opportunity: the property at 1724 NW 23rd Street is also available. That neighboring availability may support expanded frontage and additional land-based needs such as parking, outdoor seating, storage, or future development, depending on the intended use plan.

    Local Financial Insights For Specialty Retail

    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 $81.0k $33.60
    − Vacancy −$4.1k −$1.68
    EGI $77.0k $31.92
    − OpEx −$19.2k −$7.98
    NOI $57.7k $23.94
    2,412 SF · lease $33.60/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $824.9K
    $721.8K – $962.4K (±1% cap)
    NOI $57,743 @ 7.0% cap · market cap 8.37%
    Second Best
    Retail
    $680.2K
    $595.2K – $793.6K (±1% cap)
    NOI $47,613 @ 7.0% cap · market cap 6.90%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Work Ready Oklahoma Business Service Center Organizational CFO LLC Consultant Spiked. A Coffee Concept Cafe & Coffee Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Poppy Lane Design — 616 NW 21st St Suite 102, Oklahoma City, OK 73103
    • Ray's Room Floral Co. — 223 NW 12th St Suite 18, Oklahoma City, OK 73103
    • Brandt's Flowers — 1805 N Classen Blvd, Oklahoma City, OK 73103
    • Floral And Hardy — 1324 N Robinson Ave, Oklahoma City, OK 73103
    • Graves FLORAL CO. — 1525 n broadway ave, oklahoma city, ok 73103

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4807216
    Latitude
    35.4928556

    FAQs

    What type of property is this?
    Storefront property - High-visibility NW 23rd Street storefront with nearby interstate access and an adjacent assemblage option.
    Where is this storefront property located?
    The property is located at 1732 NW 23rd Street Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: High‑visibility NW 23rd Street commercial storefront on Oklahoma City’s NW 23rd Street corridor; Year built: 1999; Lease available at $3,500 per month
    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