Two-Story Mixed-Use
617 Kihekah Avenue Pawhuska, OK 74056
617 Kihekah Avenue, Pawhuska, OK, 74056
Contact for pricing
For Sale
Contact for pricing
Street-level storefront with large windows and upstairs private-entry loft with two bedrooms and screened porch.
Property Size2,463 SF
Price / SF$121.40
Days on Market100
Property Features for 617 Kihekah Avenue
General Information
- Standard status
- Active
- Size
- 2,463 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1922
Listing agency
Keller Williams Premier
Listed by
Ashley Dailey · License #173183
Source
Crexi
Added: Apr 14 Updated: Jul 22 at 4:51AM Checked: Jul 22 at 4:51AM
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 Premier
Investment Insights
Based on property information with market context.
This two-story mixed-use property includes a street-level commercial storefront and an upstairs residential/short-term rental space, sold as a complete package. The main level features a retail or gallery area with 14-ft ceilings, original 1920s tin tile, large storefront windows facing Kihekah Avenue, a half bath, and a dedicated work area. Upstairs, the private-entry loft operates as a short-term rental and includes two bedrooms, one bathroom with a clawfoot tub, a full kitchen, dining area, and a laundry room, along with original hardwood floors and tall ceilings. A screened-in porch leads to an outdoor gathering area, and furnishings are included except for art. Updates include new electrical, plumbing, fixtures, and structural improvements while preserving historic character.
The property is located in downtown Pawhuska near The Pioneer Woman Mercantile, with Osage Nation Museum and Osage Nation campus nearby.
Ideal for owners seeking a combined commercial and residential setup, the configuration provides separate street-level retail space and an upstairs, private-entry living unit that has functioned as a short-term rental.
The property is located in downtown Pawhuska near The Pioneer Woman Mercantile, with Osage Nation Museum and Osage Nation campus nearby.
Ideal for owners seeking a combined commercial and residential setup, the configuration provides separate street-level retail space and an upstairs, private-entry living unit that has functioned as a short-term rental.
Key Highlights
- 2,463 SF (CH) 2‑story commercial/residential property built in 1922 in downtown Pawhuska
- Street‑level storefront features 14‑ft ceilings, original 1920s tin tile, large windows on Kihekah Avenue, half bath, and work area
- Upstairs private‑entry loft operates as a short‑term rental with 2 bedrooms, 1 bathroom (clawfoot tub), full kitchen, dining, and laundry room
Local Financial Insights For Apartment 5plus
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 | $25.1k | $10.20 |
| − Vacancy | −$1.7k | −$0.68 |
| EGI | $23.4k | $9.52 |
| − OpEx | −$10.5k | −$4.28 |
| NOI | $12.9k | $5.23 |
2,463 SF · lease $10.20/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Office B
$502.8K
$439.9K – $586.6K
NOI $35,194 @ 7.0% cap · market cap 11.77%
Second Best
Retail
$454.8K
$398.0K – $530.7K
NOI $31,839 @ 7.0% cap · market cap 10.65%
Theoretical Best
Office A
$605.7K
$530.0K – $706.6K
NOI $42,397 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Oilman's Daughter Interiors
Department Store
Simply Jane Boutique
Clothing & Fashion Store
Little Rain Song ...
Vacation Rental
Big Rain Gallery
Art Gallery
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Street-level storefront with large windows and upstairs private-entry loft with two bedrooms and screened porch.
Where is this short term rental property located?
The property is located at 617 Kihekah Avenue Pawhuska, OK.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,463 SF (CH) 2‑story commercial/residential property built in 1922 in downtown Pawhuska; Street‑level storefront features 14‑ft ceilings, original 1920s tin tile, large windows on Kihekah Avenue, half bath, and work area; Upstairs private‑entry loft operates as a short‑term rental with 2 bedrooms, 1 bathroom (clawfoot tub), full kitchen, dining, and laundry room
