1319 23rd St Oklahoma City, OK 73111-3001
This exceptional 5,000-square-foot single-tenant space, located on 23rd Street in Oklahoma County, presents a unique opportunity for a variety of businesses. The building, classified as Class B, was constructed in 1937 and underwent a significant renovation in 2017. This renovation included a new TPO roof, updated plumbing, ductwork, and electrical lines. The property boasts a comprehensive fire suppression system, a large garage door, and a robust security system, ensuring both safety and functionality. The interior features a private office area and an expansive event space, making it ideal for venues, gyms, retail spaces, or similar uses. The building's infrastructure is robust, including three 5-ton HVAC units and a 400-amp breaker box. Convenient parking is available on the west side of the building. Its strategic location near the Oklahoma State Capitol, between I-235 and I-35, provides excellent accessibility and visibility. The property is zoned C4 and offers a rare blend of historical charm and modern functionality, situated within a rapidly revitalizing area. This is a truly remarkable opportunity to establish a thriving business in a prime Oklahoma City location.
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Urban Venue Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.