Remodeled Office
For Sale
$250,000
809 W Broadway Street, Ardmore, OK 73401
Commercial, Ardmore, OK
Property Size1,346 SF
Lot Size0.20 Acres
Price / SF$185.74
Days on Market93
Property Features for 809 W Broadway Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Comm
Interior features
Display Window, Public Restrooms
Exterior features
Door Sign, Storage
Elementary school district
Ardmore - Sch Dist (AD2)
Middle school district
Ardmore - Sch Dist (AD2)
High school district
Ardmore - Sch Dist (AD2)
Directions
From corner of Broadway and Commerce, go east on Broadway to building on left side of road.
Standard status
Active
Size
1,346 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TBD by survey
Tax Annual Amount
2096
Legal Description
TBD by survey
Utilities
Utilities
Phone Available
Heating system
Central
Cooling system
Central Air
Amenities
wheelchair-accessible bathroom with on-demand hot water
outdoor night lights
Building Details
Year built
1967
Additional Structures
Storage
Listing Agency:
Keller Williams Realty Ardmore
(580) 319-7425
Listed By:
Tom Love · License #68755
(580) 465-1092
Added: Jul 16
Changed: Sep 6
Last Checked: Oct 16 at 1:06AM
MLS# 2626221
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.
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Investment Insights
Based on property information with market context.
This 1,346-square-foot office unit occupies a 0.2-acre commercial property built in 1967. The building has been remodeled with newly painted interiors, refreshed flooring, brick added to the front facade, new gutters, and outdoor night lighting. Interior features include display windows, storage, central heating and central air, and public restroom facilities with a wheelchair-accessible bathroom and on-demand hot water.
Located at 809 W Broadway Street in Ardmore, Oklahoma, the property is positioned on the way to downtown Ardmore. A door sign, phone availability, and updated exterior elements support practical office use.
Located at 809 W Broadway Street in Ardmore, Oklahoma, the property is positioned on the way to downtown Ardmore. A door sign, phone availability, and updated exterior elements support practical office use.
Key Highlights
- 1,346‑square‑foot office unit on a 0.2‑acre commercial property
- Remodeled with newly painted interiors and refreshed flooring
- Wheelchair‑accessible bathroom with on‑demand hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,880
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,600
$357.6K
Cap Rate 7%
$255,429
$255.4K
Cap Rate 9%
$198,667
$198.7K
Market Conditions
NOI Build-Up for 1,346 SF
Gross rent
$29.1K $21.60/SF
− Vacancy
−$5.2K −$3.89/SF
EGI
$23.8K $17.71/SF
− OpEx
−$6.0K −$4.43/SF
NOI
$17.9K $13.28/SF
Area
Carter County, OK
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,600
Cap Rate 7%
$255,429
Cap Rate 9%
$198,667
Alternative Uses
Best Use
Office B
$255.4K
$223.5K – $298.0K
NOI $17,880 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.2K
$302.0K – $402.7K
NOI $24,163 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 73401, OK
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Updated office space with display windows, storage, central HVAC, and an accessible public restroom.
Where is this office units located?
The property is located at 809 W Broadway Street Ardmore, OK.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,346‑square‑foot office unit on a 0.2‑acre commercial property; Remodeled with newly painted interiors and refreshed flooring; Wheelchair‑accessible bathroom with on‑demand hot water
