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Historic Mixed-Use Downtown Building
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221 N 3rd St, Muskogee, OK 74401

Historic 1920 mixed-use property with fully occupied apartments and office space across multiple floors.

Property Size20,000 SF
Days on Market123

Property Features for 221 N 3rd St

General Information

Standard status Active
Size 20,000 SF
Property subtype Multifamily, Mixed Use, Office

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Multifamily Units 14
Office Units 24

Additional Details

Opportunity Zone Yes
Sprinkler System Yes

Amenities

elevator
ADA compliant bathrooms on floors 1-2
central heat and air on floors 1-2
PTAC units for apartment units on floors 3-4
continuous hot water heaters in 1/3 of apartment units
handicap accessible unit with walk-in showers
laundry facilities
building vending machines
all city utilities master-metered and included in rent
landlord provided internet service

Building Details

Year Built 1920
Year Renovated 2009
Stories 4
Listing Agency: KW Commercial Stratton Group
Listed By: Laura Green · License #OK 1406000
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 12:14PM

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 KW Commercial Stratton Group

Investment Insights

Based on property information with market context.

A historic 1920 downtown mixed-use building offering apartment and office configurations within one structure. Approximately 10,000 square feet contains 14 fully occupied 1-bedroom, 1-bath apartment units on floors 3–4. Approximately 10,000 square feet is office space on floors 1–2, with 24 office units where some spaces are currently vacant.

The building underwent major renovations in 2009, including the addition of an elevator and ADA-compliant bathrooms on the office/retail floors (1–2), along with upgraded electrical, plumbing, fire suppression, and new appliances for all apartment units. Heating and cooling improvements include central heat and air on floors 1–2 and PTAC units for apartment units on floors 3–4, plus continuous hot water heaters in some apartment units. The property also includes handicap-accessible apartments with walk-in showers on each apartment floor.

Additional building income includes laundry facilities and vending machines. City utilities are master-metered and included in rent, and landlord-provided internet service is included.

Key Highlights

  • Historic 20,000 SF downtown mixed‑use building built in 1920 with apartment space on floors 3–4 and office space on floors 1–2
  • Fully occupied apartments: ~10,000 SF across 14 units on floors 3–4; 1‑bed/1‑bath units rent for $700–$850/month
  • Office space with income: ~10,000 SF across 24 units on floors 1–2; rents are $100–$400/month with 12 spaces currently vacant

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

24
Office units
14
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 74401, OK

16,181
Population
7,818
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
110.9 sq mi
ZIP Area
146
Density / Sq Mi
$39,767
Median Household Income
$32,700
Median Earnings
$827
Median Rent
$122,300
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic 1920 mixed-use property with fully occupied apartments and office space across multiple floors.
Where is this apartment building located?
The property is located at 221 N 3rd St Muskogee, OK.
What are key features of this property?
This property features: Historic 20,000 SF downtown mixed‑use building built in 1920 with apartment space on floors 3–4 and office space on floors 1–2; Fully occupied apartments: ~10,000 SF across 14 units on floors 3–4; 1‑bed/1‑bath units rent for $700–$850/month; Office space with income: ~10,000 SF across 24 units on floors 1–2; rents are $100–$400/month with 12 spaces currently vacant
More about this property
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