Historic Apartment Building
For Sale
Contact for pricing
Pending
412 SE Frank Phillips Blvd, Bartlesville, OK 74003
Downtown conversion project with approved historic rehabilitation plans and apartment zoning.
Property Size51,389 SF
Lot Size1.90 Acres
Days on Market145
Property Features for 412 SE Frank Phillips Blvd
General Information
Standard status
Pending
Size
51,389 SF
Lot size
1.90 Acres
Property subtype
Retail, Multifamily, Land
Additional Details
Opportunity Zone
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
Feldman Ruel
Listed By:
Christopher Chadwick · License #VA 0225206248
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Sep 1 at 12:28AM
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 Feldman Ruel
Investment Insights
Based on property information with market context.
This multifamily redevelopment opportunity comprises a 51,389-square-foot building on 1.9 acres in downtown Bartlesville. The structure previously operated as a medical hospital and later as a geriatric center, and is now positioned for conversion into market-rate apartments. Existing hallways, maintenance areas, and related circulation produce a stated design efficiency of 76%.
An adjoining parcel of approximately ¾ acre is included and may support future parking improvements. The property occupies three quarters of a city block and is bounded by Frank Phillips Boulevard, S. Cherokee Avenue, Delaware Avenue, and E 4th Street. It is located within an Opportunity Zone and qualifies for State and Federal Historic Rehabilitation Tax Credits. Part 1 and Part 2 approvals have been completed, apartment zoning is in place, and substantial redevelopment plans are available to the eventual purchaser.
An adjoining parcel of approximately ¾ acre is included and may support future parking improvements. The property occupies three quarters of a city block and is bounded by Frank Phillips Boulevard, S. Cherokee Avenue, Delaware Avenue, and E 4th Street. It is located within an Opportunity Zone and qualifies for State and Federal Historic Rehabilitation Tax Credits. Part 1 and Part 2 approvals have been completed, apartment zoning is in place, and substantial redevelopment plans are available to the eventual purchaser.
Key Highlights
- 51,389‑square‑foot building on a total 1.9‑acre site
- Approximately ¾‑acre adjoining parcel included for potential parking improvements
- Former medical hospital and geriatric center positioned for apartment conversion
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Explore this area
Business Placement
Demographics for 74003, OK
13,751
Population
6,812
Households
2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
129.8 sq mi
ZIP Area
106
Density / Sq Mi
$49,138
Median Household Income
$32,318
Median Earnings
$873
Median Rent
$107,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Downtown conversion project with approved historic rehabilitation plans and apartment zoning.
Where is this apartment building located?
The property is located at 412 SE Frank Phillips Blvd Bartlesville, OK.
What are key features of this property?
This property features: 51,389‑square‑foot building on a total 1.9‑acre site; Approximately ¾‑acre adjoining parcel included for potential parking improvements; Former medical hospital and geriatric center positioned for apartment conversion
