1222 10th St Woodward, OK 73801
Value-add opportunity in downtown Woodward, 89% occupied.
Type:Multifamily, Office, Retail
Property size:
14,761 SFPrice / SF:
$38/SF- Added:
- Nov 5, 2024
- Days on Market:
- 540
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 1222 10th St
General Information
- Standard status
- Active
- Size
- 14,761 SF
- Property subtype
- Multifamily, Office, Retail
Listing agent Spencer O'Donnell License #01954051
Listing office Charter Realty
Listing date Nov 5, 2024
Source Crexi
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
Overview
Downtown Woodward Office Investment Property
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Northwest Center-Behavioral
Crisis Center
Della Shrum
Counselor
Mario Perez
Counselor
Mental Health Department
Public Health Department
Location Insight
- Map
- Local Demand
- City
- Woodward
- County
- Woodward
- State
- Oklahoma
- Longitude
- -99.391543
- Latitude
- 36.434011
Nearby Similar for Sale
FAQs
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.
