Mixed-Use Building with Flexible
1736 NW 15th St Oklahoma City, OK 73106
For Sale
Contact for pricing
Flexible zoning supports restaurant, retail, office, creative space, and penthouse residence concepts.
Property Size7,520 SF
Price / SF$238.70
Days on Market127
Property Features for 1736 NW 15th St
General Information
- Standard status
- Active
- Size
- 7,520 SF
- Property subtype
- OFFICE
Listing Agency:
Creek CRE
(405) 210-3910
Listed By:
Aden Struble · License #209339
(405) 210-3910
Source:
Moodyscre
Added: Mar 19
Changed: Jul 22
Last Checked: Jul 22 at 10:13PM
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 CRE
Investment Insights
Based on property information with market context.
This mixed-use building offers flexible zoning intended to support multiple concepts, including restaurant, retail, office, creative space, or a luxury penthouse residence. With approximately 7,520 square feet, the property is set up for a tenant or owner to align the space with a variety of allowable uses.
Located at 1736 NW 15th St in Oklahoma City, the property is described as being just steps from one of OKC’s vibrant cultural and commercial hubs within the Plaza District area. That proximity may help support both street-facing retail/restaurant activity and professional or creative office-oriented uses, depending on the final configuration.
Located at 1736 NW 15th St in Oklahoma City, the property is described as being just steps from one of OKC’s vibrant cultural and commercial hubs within the Plaza District area. That proximity may help support both street-facing retail/restaurant activity and professional or creative office-oriented uses, depending on the final configuration.
Key Highlights
- Flexible mixed‑use zoning supports restaurant, retail, office, creative space, or a luxury penthouse residence concept.
- Located just steps from one of OKC’s most vibrant cultural and commercial hubs.
Financial Insights For 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 | $225.6k | $30.00 |
| − Vacancy | −$13.5k | −$1.80 |
| EGI | $212.1k | $28.20 |
| − OpEx | −$63.6k | −$8.46 |
| NOI | $148.4k | $19.74 |
7,520 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.57M
$2.25M – $3.00M
NOI $180,029 @ 7.0% cap · market cap 10.03%
Second Best
Retail
$2.12M
$1.86M – $2.47M
NOI $148,445 @ 7.0% cap · market cap 8.27%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Garage apartment
Housing Complex
FAQs
What type of property is this?
Office building - Flexible zoning supports restaurant, retail, office, creative space, and penthouse residence concepts.
Where is this office building located?
The property is located at 1736 NW 15th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Flexible mixed‑use zoning supports restaurant, retail, office, creative space, or a luxury penthouse residence concept.; Located just steps from one of OKC’s most vibrant cultural and commercial hubs.
