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    2 California Ave Oklahoma City, OK 73104

    Sponsored
    For Sale
    $9,350,000

    Prime Bricktown location, high-traffic area. Restaurant & bar opportunity.

    Property size:
    45,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two interconnected brick buildings totaling 45,600 square feet of net rentable space, situated on a 21,780 square foot lot in Oklahoma City's vibrant Bricktown entertainment district. Constructed in the 1920s, these buildings boast a prime location directly facing the bustling Bricktown Canal, a highly popular destination for both residents and tourists. The property's multi-tenancy configuration offers flexibility for a variety of uses, ideal for canal-fronting restaurants, bars, and retail establishments. With an asking price of $9,350,000, the price per square foot comes to $205.04. This presents a rare chance to acquire significant commercial real estate in a high-demand area with substantial upside potential. The address is 2 & 12 E California Ave, Oklahoma City, OK 73104. The property's location within the Bricktown Canal area ensures high visibility and foot traffic, making it an attractive proposition for businesses seeking a prominent presence in this thriving entertainment hub. This is a unique opportunity to own a piece of Oklahoma City's rich history and vibrant future.

    Property Features for 2 California Ave

    General Information

    Property type
    Restaurants
    Square Feet
    45,600 SF

    HighLights

    • $9,350,000 asking price.
    • 45,600 square feet of retail space.
    • Multi‑tenant property.
    • Located at 2 E California Ave, Oklahoma City, OK 73104.
    • $205.04 per square foot.
    • 21,780 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Oklahoma Partnership Project Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5119067
    Latitude
    35.4650475

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    FAQs

    What type of property is this?
    Restaurant - Prime Bricktown location, high-traffic area. Restaurant & bar opportunity.
    Where is this restaurant located?
    The property is located at 2 California Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $9,350,000.
    What are key features of this property?
    This property features: $9,350,000 asking price.; 45,600 square feet of retail space.; Multi-tenant property.
    Request Owner's contact information
    2 California Ave Oklahoma City, OK 73104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 California Ave Oklahoma City, OK 73104
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