Downtown Woodward Office Investment
For Sale
Contact for pricing
1222 10th St, Woodward, OK 73801
Value-add opportunity in downtown Woodward, 89% occupied.
Property Size14,761 SF
Price / SF$38.95
Days on Market632
Property Features for 1222 10th St
General Information
Standard status
Active
Size
14,761 SF
Property subtype
Retail, Multifamily, Office
Listing Agency:
Charter Realty
(406) 219-0838
Listed By:
Spencer O'Donnell · License #01954051
Source:
Crexi
Added: Nov 5, 2024
Changed: Jul 10
Last Checked: Jul 30 at 4:53PM
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 Charter Realty
Investment Insights
Based on property information with market context.
This downtown office investment property in Woodward, OK, presents a value-add opportunity. The property is 89% occupied and primarily leased to the State of Oklahoma. The short-term leases allow flexibility to reposition the property with increased rents while collecting cash flow from government tenants. Situated on the corner of US Hwy 270 (Oklahoma Ave) and State Highway 34 (9th St), the property benefits from its location on the premier commercial real estate intersection in the city with a combined traffic count of 30,700 cars per day. US Hwy 270 serves as the main travel corridor from Oklahoma City to Northwest Oklahoma and the panhandle region. The property's parking lot also has direct access to State Highway 34, which runs 188 miles from Oklahoma's southern border with Texas to its northern border with Kansas. Nearby offices include the city and county government departments as well as Woodward News. Nearby retail tenants include Walgreens, AutoZone, Western Drug, Dairy Queen, and Ace Hardware. Additional traffic draws on these prominent thoroughfares include McDonalds, Walmart Supercenter, Arby's, Carl's Jr, Dollar General, Dollar Tree, NAPA Auto, Candlewood Suites, Comfort Inn, Holiday Inn, and Hampton Inn. The property offers investors long-term security and potential for significant returns. The property size is 14761 square feet.
Key Highlights
- 89% occupied with primary lease to the State of Oklahoma for immediate cash flow.
- Value‑add opportunity with short‑term leases.
- Premier hard corner location at US Hwy 270 and State Highway 34 with high traffic counts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 73801, OK
15,671
Population
7,046
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
88%
High-School Grad
459.0 sq mi
ZIP Area
34
Density / Sq Mi
$65,454
Median Household Income
$37,832
Median Earnings
$842
Median Rent
$178,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Value-add opportunity in downtown Woodward, 89% occupied.
Where is this office building located?
The property is located at 1222 10th St Woodward, OK.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 89% occupied with primary lease to the State of Oklahoma for immediate cash flow.; Value‑add opportunity with short‑term leases.; Premier hard corner location at US Hwy 270 and State Highway 34 with high traffic counts.
