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    Downtown Tulsa Commercial Opportunity

    621 S Kenosha Avenue Tulsa, OK 74120

    Claim this Listing
    Pending
    $799,000

    COMMERCIAL - Tulsa, OK

    Type:Retail
    Property size:
    4,450 SF
    Lot size:
    0.45 Acres
    Added:
    May 13, 2026
    Days on Market:
    63
    Last Refresh:
    Jul 14 at 1:06 am

    Property Features for 621 S Kenosha Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    CBD
    Interior features
    Cable TV Wired, Display Window
    Exterior features
    Lighting, Prof Landscaped, Sidewalk
    Fencing
    Privacy
    Standard status
    Pending
    APN
    06050-92-01-01530
    Size
    4,450 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PRT LTS 13 THRU 20 BEG NWC LT 13 TH E200 NEC LT 20 S85 SW TO WL LT 13 N110 POB BLK 7
    Tax Annual Amount
    4307

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Building materials
    Frame

    Listing agent Amanda Pierce Bivens License #172154

    Listing office Chinowth & Cohen 3912 E 91st St, Tulsa, OK

    Listing date May 13, 2026

    MLS# 2617723

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Located in the East Village District of Tulsa, this freestanding commercial building offers unobstructed downtown views. The updated and maintained property has structural capacity for expansion up to 3 stories. Situated off the highway exit and 7th Street, the location provides accessibility and visibility, enhanced by a private parking lot. The 4,450 square foot property is zoned CBD and is located on a 0.448-acre lot. The property is suitable for various business uses, including an upscale restaurant, destination bar, dynamic office, engaging retail space, or jewelry store.

    Key Highlights

    • Prime downtown Tulsa location in the East Village District with unobstructed views
    • Private parking lot, a rare amenity in the downtown area
    • Robust structural capacity allows for expansion up to 3 stories

    Local 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 $64.1k $14.40
    − Vacancy −$2.9k −$0.65
    EGI $61.2k $13.75
    − OpEx −$18.4k −$4.13
    NOI $42.8k $9.63
    4,450 SF · lease $14.40/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $612.0K
    $535.5K – $714.0K (±1% cap)
    NOI $42,837 @ 7.0% cap · market cap 5.36%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $949.1K
    $830.5K – $1.11M (±1% cap)
    NOI $66,438 @ 7.0% cap · market cap 8.32%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    B B Auto ... Parking Lot & Garage The Flower Shop Dispensary (Bike/Boat/Book/etc) Store

    Suggested Use

    Pet Grooming Service Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Storefront property - Freestanding building in Tulsa's East Village District with expansion potential.
    Where is this storefront property located?
    The property is located at 621 S Kenosha Avenue Tulsa, OK.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Prime downtown Tulsa location in the East Village District with unobstructed views; Private parking lot, a rare amenity in the downtown area; Robust structural capacity allows for expansion up to 3 stories
    Contact an agent
    (918) 392-0900
    We can help!
    Contact an agent
    Amanda Pierce Bivens
    Amanda Pierce Bivens
    Real Estate License ID: 172154
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