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Bar & Pub Property
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2829 W California Ave, Oklahoma City, OK 73107

Former bar layout with C-3 zoning and flexibility for alternative commercial concepts.

Property Size2,000 SF
Price / SF$247.50
Days on Market334

Property Features for 2829 W California Ave

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 44
Property subtype Retail
Zoning C-3
Occupancy 100%
Lease Type NNN

Building Details

Year Built 1975
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Keller Williams Realty
Listed By: Denzel Cromwell · License #181680
Source: Crexi
Added: Nov 17, 2025 Changed: Oct 15 Last Checked: Oct 16 at 7:54AM

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 Realty

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Investment Insights

Based on property information with market context.

Located at 2829 W California Ave in Oklahoma City, this Bar & Pub property was previously used as a bar and retains a layout associated with hospitality operations. The property carries C-3 zoning, supporting flexibility for alternative commercial concepts within the stated zoning designation.

Built in 1975, the property offers an established commercial structure for hospitality, nightlife, or retail-oriented use as supported by the existing layout and zoning.

Key Highlights

  • Former bar use
  • C‑3 zoning
  • Built in 1975

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,480
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,600 $789.6K
Cap Rate 7%
$564,000 $564.0K
Cap Rate 9%
$438,667 $438.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$60.0K $30.00/SF
− Vacancy
−$3.6K −$1.80/SF
EGI
$56.4K $28.20/SF
− OpEx
−$16.9K −$8.46/SF
NOI
$39.5K $19.74/SF
Area
Oklahoma City, OK
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,600
Cap Rate 7%
$564,000
Cap Rate 9%
$438,667

Alternative Uses

Best Use
Specialty Retail
$684.0K
$598.5K – $798.0K (±1% cap)
NOI $47,880 @ 7.0% cap · market cap 9.67%
Second Best
Retail
$564.0K
$493.5K – $658.0K (±1% cap)
NOI $39,480 @ 7.0% cap · market cap 7.98%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Spot After Hours ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Spa & Massage Center Nail Salon Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Home Improvements & Furnishings 30%
Napa Auto Parts Shops & Services
1,420 visits/mo 0.1 miles
Airgas Home Improvements & Furnishings
1,010 visits/mo 0.2 miles
Discount Tire Store Shops & Services
923 visits/mo 0.4 miles

Demographics for 73107, OK

26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Oklahoma City, OK

9.1% 2019
7.8% 2020
8.4% 2021
8.1% 2022
7.7% 2023
7.4% 2024
8% 2025

Similar Off Market Nearby

  • Thirty Four Bar & Bistro — 3434 W Reno Ave, Oklahoma City, OK 73107
  • The Boot — 110 S May Ave, Oklahoma City, OK 73107
  • Brandons — 2636 NW 1st St, Oklahoma City, OK 73107

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar layout with C-3 zoning and flexibility for alternative commercial concepts.
Where is this bar & pub located?
The property is located at 2829 W California Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Former bar use; C‑3 zoning; Built in 1975
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